Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday September 17, 2013

Microsoft Announces $40B Share Buyback

Microsoft has announced a $40 billion share buy back plan. Feel free to insert your own "from Bill Gates' petty cash" jokes here.

Microsoft announced a new $40 billion share buyback on Tuesday as part of an effort by the transitioning US tech giant to return more cash to stockholders. The tech giant, which has seen its stock stagnate in recent years, also said it was increasing its dividend by 22 percent to 28 cents a share.