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MSFT Microsoft Corporation

399.20
1.36 (0.34%)
Pre Market
Last Updated: 10:15:03
Delayed by 15 minutes
Share Name Share Symbol Market Type
Microsoft Corporation NASDAQ:MSFT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.36 0.34% 399.20 398.95 399.22 15,281 10:15:03

Microsoft OKs Buyback Up to $40 Billion, Boosts Dividend -- Update

18/09/2019 9:51pm

Dow Jones News


Microsoft (NASDAQ:MSFT)
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From May 2019 to May 2024

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By Josh Beckerman

 

Microsoft Corp. (MSFT) has authorized a stock buyback of up to $40 billion. The repurchase program has no expiration date.

The company said in 2016 that it would buy up to $40 million of stock.

Microsoft also said Wednesday that it increased its dividend to 51 cents from 46 cents, continuing a pattern of September increases. Last year, the quarterly payout was raised from 42 cents.

Shares recently were up 1% after hours to $140.25.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

September 18, 2019 16:36 ET (20:36 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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