UPDATE 1-Microsoft approves $40 bln share repurchase program

Microsoft Corp said on Wednesday its board had approved a new share repurchase program of up to $40 billion and raised its quarterly dividend. Microsoft, which said it would hold its annual shareholders meeting on Dec. 4, also declared a quarterly dividend of 51 cents per share, 11% higher than the preceding quarter. The repurchase program, which has no expiration date, may be terminated at any time.

source https://finance.yahoo.com/news/1-microsoft-approves-40-bln-202501844.html?.tsrc=rss

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