Microsoft Boosts Dividend, Sets $40 Billion Share Buyback
Microsoft Corp. unveiled a $40 billion share buyback plan and boosted its quarterly dividend by 22 percent, continuing the shareholder-friendly moves it has pushed in recent years.
The new share repurchase plan, which has no expiration date, replaces a previous $40 billion program that was set to expire at the end of the month. Microsoft’s market value is $273.2 billion, according to FactSet.