Microsoft Approves $60 Billion Share Buyback Program and 10% Quarterly Dividend Increase
Significant Financial Moves by Microsoft
Microsoft’s board has made a noteworthy decision to approve a $60 billion share buyback program. This step aims to enhance shareholder value amidst extensive investments in AI technology.
Quarterly Dividend Growth
In addition, the company announced a quarterly dividend increase to $0.83, representing a 10% increase from previous figures. This decision underscores Microsoft's commitment to returning value to its investors.
Upcoming Shareholders Meeting
The annual shareholders meeting is scheduled for December 10, where further insights are expected into Microsoft’s strategies and future outlook.
- Share buyback program: $60 billion
- Quarterly dividend: $0.83
- Annual meeting date: December 10
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