Reuters: Global Markets: Microsoft raises dividend, sets new $40 billion share buyback

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Microsoft raises dividend, sets new $40 billion share buyback Sep 17th 2013, 15:45 Tweet Share this Email Print Related Topics Hot Stocks » Asian Markets » The Microsoft logo is seen at their offices in Bucharest March 20, 2013. Credit: Reuters/Bogdan Cristel Tue Sep 17, 2013 10:13am EDT (Reuters) - Microsoft Corp (MSFT.O) said it would buy back up to $40 billion of its shares and raise its quarterly dividend by 22 percent. The new share repurchase program, which has no expiration date, replaces a $40 billion buyback program that was set to expire on September 30. The company will pay a quarterly dividend of 28 cents per share, payable on December 12 to shareholders of record on November 21. (Reporting by Chandni Doulatramani in Bangalore; Editing by Saumyadeb Chakrabarty) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) Sep 17, 2013 10:18am EDT  --  Report as abuse See All Comments » Add Your Comment

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