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Microsoft approves new $60 billion share buyback program

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Microsoft approves new $60 billion share buyback program

Sep 16, 2024 3:26 PM

Sept 16 (Reuters) - Microsoft ( MSFT ) said on Monday

its board has approved a new share buy back program of up to $60

billion.

The tech giant declared a quarterly dividend of $0.83 per

share, reflecting an 8 cent, or 10%, increase over the previous

quarter.

Microsoft ( MSFT ) said it will hold its annual shareholders meeting

on Dec. 10.

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