Microsoft approves new $60 billion share buyback program

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The tech giant declared a quarterly dividend of $0.83 per share, reflecting an 8 cent, or 10 per cent, increase over the previous quarter.

:Microsoft said on Monday its board has approved a new share buy back program of up to $60 billion.

Stock has risen about 15 per cent so far this year.

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Category: EconomyBusiness

Markets: Singapore

Topics: Quarterly Quarter July Microsoft Billion Companies Reported Cent Share Program Tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 06:46:05 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 321 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 22554115

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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