Microsoft approves new $60 billion share buyback program
The Hindu
Microsoft has approved of a new $60 billion share buyback for its shareholders.
Microsoft said on Monday its board has approved a new share buy back program of up to $60 billion.
The tech giant declared a quarterly dividend of $0.83 per share, reflecting an 8 cent, or 10%, increase over the previous quarter.
Microsoft said it will hold its annual shareholders meeting on Dec. 10.
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