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Microsoft to buy back up to $40 billion in stock
short by Kanishka Pandey / on Thursday, 19 September, 2019
Microsoft has announced that its board has approved a share buyback programme of up to $40 billion. The software giant also declared a quarterly dividend of 51 cents per share, 11% higher than the preceding quarter. It returned $7.7 billion to shareholders in the form of share repurchases and dividends in the fourth quarter of its fiscal year 2019.
read more at Reuters