Microsoft Will Buy Back $60 Billion Shares


Microsoft announced that it will pay dividends to investors for the past quarter. This dividend, resulting from increased stock values, will be $0.62 per share lot. The company will also personally buy $60 billion worth of Microsoft shares.

US-based tech giant Microsoftannounced in a press release that all investors who have shares in the company will receive their share due to dividends, that is, increased share values. According to the statements made by the company, investors will receive quarterly dividends per lot. This dividend amount is for each lot. $0.62 it will be.

Disclosures made by the company were not just about dividends. Microsoft will organize for 2021 annual shareholder meeting also announced the date. Accordingly, the meeting will be held on 30 November 2021. The company has also launched a share buyback program. Under this program, Microsoft 60 billion dollar stockwill buy it himself.

Senior assignment to Microsoft

Microsoft’s board of directors is a long-time employee of the company. Brad SmithHe also promoted. With this promotion, Smith became the right-hand man of Microsoft CEO Satya Nadella. Nadella said that the decision will bring the company to better places. satisfaction it has expressed.

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Statements made by Microsoft that everything is alright it reveals. Microsoft, which is already one of the most valuable brands in the world, seems to continue to develop and grow with the steps and strategies it has taken.

Source :
https://news.microsoft.com/2021/09/14/microsoft-announces-quarterly-dividend-increase-and-new-share-repurchase-program-2/