Published 09/16/2024 11:31:03 p.m.

Microsoft Announces $60B Share Buyback Program, 10% Dividend Increase Amid Rising AI Investment And Restructuring - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

Microsoft announced a new share buyback program worth $60 billion, approved by its board.
The company declared a quarterly dividend of $0.83, a 10% increase from the previous quarter.
Microsoft is investing more in AI infrastructure and plans to enhance its cloud services amid significant structural changes.

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RTÉ

Microsoft approves $60 billion share buyback programme

Microsoft said its board has approved a new share buy back programme of up to $60 billion.

09/17/2024 6:51:40 a.m.·Ireland

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Benzinga

Microsoft Announces $60B Share Buyback Program, 10% Dividend Increase Amid Rising AI Investment And Restructuring - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

Microsoft Corp. (NASDAQ:MSFT) announced a new share repurchase program worth up to $60 billion on Monday. What Happened: The tech giant also declared a quarterly dividend of $0.83 per share, marking a 10% increase from the previous quarter. The company will hold its annual shareholders meeting on Dec. 10. In July, Microsoft revealed plans to increase spending on artificial intelligence infrastructure this fiscal year. The company reported a 77.6…

09/17/2024 1:44:56 a.m.·New York, United States

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Bloomberg

Microsoft Announces $60 Billion Buyback, Raises Dividend 10%

Microsoft Corp. unveiled a new $60 billion stock-buyback program, matching its largest-ever repurchase authorization, and raised its quarterly dividend 10%.

09/16/2024 10:09:11 p.m.·United States

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Spiegel

Investments in AI: Microsoft announces billion-dollar share buyback program

Microsoft plans to invest specifically in artificial intelligence activities in the coming months. The company has now announced a major share buyback program.

09/17/2024 5:52:00 a.m.·Germany

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MarketWatch

How Microsoft’s dividend hike and new $60 billion buyback program stack up

Only three U.S. companies have ever announced buyback programs bigger than Microsoft’s latest — though the new dividend yield is still low relative to those of fellow Dow components.

09/16/2024 10:43:00 p.m.·United States

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