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Microsoft Proclaims $60 Billion Buyback, Raises Dividend 10%

Microsoft Proclaims  Billion Buyback, Raises Dividend 10%
September 17, 2024



Microsoft Corp. unveiled a brand new $60 billion stock-buyback program, matching its largest-ever repurchase authorization, and raised its quarterly dividend 10%.The instrument corporate stated shareholders as of Nov. 21 will obtain a quarterly dividend of 83 cents a percentage, when put next with the present 75 cents. The proportion repurchase agreementBloomberg Terminal, which has no expiration date, replaces a $60 billion buyback program introduced in 2021.

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