Microsoft to buy back up to $60 billion in shares; names Brad Smith vice chair

Microsoft to buy back up to $60 billion in shares; names Brad Smith vice chair

Microsoft Corp on Tuesday said it will conduct an up to $60 billion share buyback programme, raise its quarterly dividend by 11%, and appoint company President Brad Smith as vice chair. (Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Microsoft said the buyback programme has no expiration date and may be terminated at any time, and that it would pay a dividend of $0.62 per share - 6 cents over the previous quarter.

Read more at 
The Hindu

Timeline

.......... .......... .......... .......... ..........
  • .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... ..........
.......... .......... .......... .......... ..........
  • .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... ..........
  • .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... ..........
.......... .......... .......... .......... ..........
  • .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... ..........

In-depth coverage

Read more top Science stories on Crisp