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Microsoft Unveils $60 Billion Stock Buyback
Microsoft Raises Its Dividend 10% and Announces $60B Stock Buyback Program
Microsoft on Monday announced a $60 billion stock buyback program and a 10% boost to its quarterly dividend. The moves come as Microsoft faces pressure to show its spending on artificial intelligence (AI) is paying off.
Microsoft Stock Drives Dow After Dividend Hike
Microsoft Corp (NASDAQ:MSFT) stock is up 2.3% to trade at $441.13 this morning, propping up the Dow, after the blue-chip tech titan announced a new $60 billion share buyback plan. Microsoft also hiked its quarterly dividend by 10.7% to 83 cents per share.
Microsoft Hikes Dividend, Announces $60 Billion Stock Buyback
Microsoft's share repurchase program, which has no expiration date, replaces its previous $60 billion authorization announced four years ago. Meanwhile, investors also cheered the news that shareholders of record as of Nov. 21 will receive a quarterly dividend of 83 cents per share, up from the current 75 cents a share.
Why Microsoft Corp (MSFT) Stock is Currently 2.91% Above from Its 20-Day SMA?
Microsoft Corp (MSFT) stock saw a modest uptick, ending the day at $427 which represents a slight increase of $3.96 or 0.94% from the prior close of $423.04. The stock opened at $423.31 and touched a low of $419.
Microsoft Unveils $60 Billion Stock Buyback: Time to Buy MSFT Stock?
One of the magnificent 7 stocks, Microsoft Corporation MSFT, is part of the $3 trillion club as its shares have seen an impressive run over the past few years. However, after hitting a record high on July 5,
Will Microsoft Stock Split in 2024? MSFT Seems Ready
Speculation is rife about when a Microsoft stock split could come in 2024 after the monster rally in the share price. What can we expect from MSFT?
Microsoft announces biggest-ever share buyback scheme to help boost investment
Tech giant Microsoft revealed that its board of directors approved a new $60 billion stock-buyback program. The repurchase program has no expiration date and may be terminated at any time, according to the company’s statement.
Microsoft plans new $60 billion buyback, raises dividend 10%
Microsoft has raised its quarterly dividend 10% and unveiled a new $60 billion stock-buyback program, matching the size of a repurchase plan three years ago.
Microsoft boosts S&P 500 with 2.5% rise on new $60 billion buyback plan, quarterly dividend hiked by 10%
Microsoft Corp. announced a 10% increase in its quarterly dividend and launched a new $60 billion stock buyback program, matching the size of its repurchase plan from three years ago.
30m
on MSN
Forget Nvidia: Buy This Magnificent Tech Stock Instead
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
1d
on MSN
Buy Microsoft stock and its 15% upside – Morningstar
Microsoft (MSFT) stock price has done well in the past decades, helping propel it into the second-biggest company in the ...
2d
on MSN
5 Things to Know Before the Stock Market Opens
The Fed starts its two-day meeting ahead of rate cuts, Intel jumps on foundry separation plan and chips for Amazon, and ...
2d
Which Tech Stock Is Better: Apple or Microsoft?
In this article, I evaluate two leading technology stocks, Apple (AAPL) and Microsoft (MSFT), to determine which is the ...
22h
on MSN
Jim Cramer on Microsoft Corporation (MSFT): ‘You’ve Hit On One Of The Top Five Stocks In This Entire Market’
We recently compiled a list of the Jim Cramer’s Top 10 Stock Picks You Can’t Ignore. In this article, we are going to take a ...
Finbold | Finance in Bold
1d
BlackRock and Microsoft bet $30 billion on future of AI; Is MSFT a buy right now?
An apparent supergroup comprised of BlackRock, Nvidia, Microsoft, and others is planning to invest more than $30 billion in ...
3d
AMZN, GOOGL, or MSFT: Which Cloud Computing Giant Is the Best Pick?
Cloud computing stocks have surged amid widespread adoption that’s being driven by artificial intelligence (AI). In this article, I will ...
11h
on MSN
Microsoft Corp. stock underperforms Thursday when compared to competitors despite daily gains
Microsoft Corp. closed $29.66 short of its 52-week high ($468.35), which the company reached on July 5th.
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