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.

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