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Microsoft approves new $60 billion share buyback program

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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

Published – September 17, 2024 09:44 am IST

FILE PHOTO: Microsoft said on Monday its board has approved a new share buy back program of up to billion.

FILE PHOTO: Microsoft said on Monday its board has approved a new share buy back program of up to $60 billion. | Photo Credit: AP

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.

Published – September 17, 2024 09:44 am IST

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