Microsoft approves new $60 billion share buyback program, quarterly dividend of $0.83 — a 10% jump | Company Business News – Mint

Microsoft has recently announced its approval of a new $60 billion share buyback program, along with an increase in its quarterly dividend to $0.83 per share. This represents a significant 10% jump in the dividend payout. The decision reflects the company’s strong financial position and commitment to returning value to its shareholders. This move is expected to further boost investor confidence in Microsoft’s future growth and performance.