Microsoft Plans New $60 Billion Buyback, Raises Dividend 10%

September 17, 2024 | Christine Morin


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Microsoft announced a new $60 billion stock-buyback program, matching the largest repurchase plan the software giant has ever undertaken. It's also raising its quarterly dividend by 10%. The group has benefited in recent years from the rush to AI plays, infusing its product line with technology from partner OpenAI.

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