Microsoft announces $40 billion stock repurchasing plan alongside increased quarterly dividend

With Microsoft apparently in flux – given the impending departure of Ballmer and the recent acquisition of Nokia’s handset business – the company announced a move on Tuesday that should please long-suffering stockholders of Microsoft. Microsoft earlier today announced a $ 40 billion stock buyback alongside a 22% increase in its quarterly dividend payouts. The new dividend payout will now be $ 0.28 a…
Yoni Heisler’s blog