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Microsoft approves new $60 billion share buyback programThe tech giant declared a quarterly dividend of $0.83 per share, reflecting an 8 cent, or 10%, increase over the previous quarter.
Reuters
Last Updated IST
<div class="paragraphs"><p> Microsoft logo.</p></div>

Microsoft logo.

Credit: Reuters File Photo

Microsoft said on Monday its board has approved a new share buy back program of up to $60 billion.

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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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(Published 17 September 2024, 03:47 IST)