Microsoft's New $40 Billion Stock Repurchase Program

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Microsoft's New $40 Billion Stock Repurchase Program

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Microsoft's New $40 Billion Stock Repurchase Program

Wochit 0:26 mins

Microsoft has announced a new $40 billion share repurchase authorization with no expiration date. With the move, Microsoft in effect granted itself $40 billion in latitude to buy its own shares whenever it wants to. The announcement came with a dividend increase of 22 percent to $0.28 per share.

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