Microsoft announces share buyback of up to $60 bln, ups dividend

Microsoft announces share buyback of up to $60 bln, ups dividend

Microsoft announces share buyback of up to $60 bln, ups dividend The new dividend of $0.62 per share is an increase of 6 cents over the previous quarter's dividend Microsoft Corp said on Tuesday its board had authorized a new share buyback program of up to $60 billion, while also raising the quarterly dividend by 11%. Stocks in this Article The new dividend of $0.62 per share is an increase of 6 cents over the previous quarter's dividend. MICROSOFT SCRAPS PLANS FOR RETURNING TO THE OFFICE AMID COVID-19 DELTA VARIANT SPREAD Microsoft said the share buyback program, which has no expiration date, may be terminated at any time. The company's board also approved the appointment of Brad Smith as president and vice chair of Microsoft. GET FOX BUSINESS ON THE …
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