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Microsoft Unveils $60 Billion Stock Buyback
Watch These Microsoft Stock Price Levels Amid Recent Bullish Momentum
Microsoft shares rose for the the seventh consecutive session on Tuesday, with the latest gains coming after the tech giant hiked its quarterly dividend by 10% and approved a $60 billion stock buyback.
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.
Microsoft plans new $60 billion buyback, raises dividend 10%
Microsoft has raised its quarterly dividend 10% and unveiled a new $60 billion stock-buyback program, matching the size of a repurchase plan three years ago.
Microsoft Raises Its Dividend 10% and Announces $60B Stock Buyback Program
Microsoft on Monday announced a $60 billion stock buyback program and a 10% boost to its quarterly dividend. The moves come as Microsoft faces pressure to show its spending on artificial intelligence (AI) is paying off.
Microsoft Stock Drives Dow After Dividend Hike
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 titan announced a new $60 billion share buyback plan. Microsoft also hiked its quarterly dividend by 10.7% to 83 cents per share.
Microsoft Is Ratcheting Up Its Shareholder Value
Microsoft Corporation is a top tech stock with solid financials, innovative products, and potential for growth, but also comes with risks. Read more about MSFT stock here.
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Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
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Microsoft Vs. Amazon: Stock Charts Signal Trouble, But Wall Street Sees AI-Fueled Growth
Microsoft and Amazon are in fierce competition, navigating stock signals and making strides in AI. Microsoft is a shareholder ...
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Microsoft, BlackRock Team Up to Invest in AI Infrastructure: What to Know
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Buy Microsoft stock and its 15% upside – Morningstar
Microsoft (MSFT) stock price has done well in the past decades, helping propel it into the second-biggest company in the ...
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