Microsoft Hikes Dividend, Announces $60 Billion Stock Buyback
Microsoft's share repurchase program, which has no expiration date, replaces its previous $60 billion authorization announced four years ago. Meanwhile, investors also cheered the news that shareholders of record as of Nov. 21 will receive a quarterly dividend of 83 cents per share, up from the current 75 cents a share.
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Microsoft Corp (NASDAQ:MSFT) stock is up 2.3% to trade at $441.13 this morning, propping up the Dow, after the blue-chip tech ...
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Cliff Asness at AQR Capital sold 1.3 million shares of Nvidia, shrinking his stake by 8%. He also bought 9,254 shares of the ...
The Nifty IT index closed on a positive note on Friday. Shares of MphasiS Ltd.(up 1.69 per cent), Tech Mahindra Ltd.(up 1.68 ...
Goldman Sachs Group Inc. has a message for benchmark managers who are weighing big reshufflings of their indexes to account ...
Asian stocks are mixed after U.S. stocks pulled closer to their records on economic reports that came in close to ...
Tech giant Microsoft revealed that its board of directors approved a new $60 billion stock-buyback program. The repurchase ...
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