- Microsoft's (NASDAQ:MSFT) board approves the buyback plan, which represents about 4% of the company's current market value.
- The board also increased the quarterly dividend by 11% to $0.51 per share. The dividend is payable December 12 to shareholders of record on November 21.
- The company's 2019 Annual Shareholders Meeting will take place on December 4 with a webcast available here.
- Microsoft shares are up 1% after hours to $139.89.
Microsoft hikes dividend, launches $40B buyback
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Symbol | Last Price | % Chg |
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MSFT | - | - |
Microsoft Corporation |