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Microsoft Unveils $60 Billion Stock Buyback
Watch These Microsoft Stock Price Levels Amid Recent Bullish Momentum
Microsoft shares rose for the the seventh consecutive session on Tuesday, with the latest gains coming after the tech giant hiked its quarterly dividend by 10% and approved a $60 billion stock buyback.
Microsoft Hikes Dividend, Announces $60 Billion Stock Buyback
Microsoft's share repurchase program, which has no expiration date, replaces its previous $60 billion authorization announced four years ago. Meanwhile, investors also cheered the news that shareholders of record as of Nov. 21 will receive a quarterly dividend of 83 cents per share, up from the current 75 cents a share.
Microsoft Stock Drives Dow After Dividend Hike
Microsoft Corp (NASDAQ:MSFT) stock is up 2.3% to trade at $441.13 this morning, propping up the Dow, after the blue-chip tech titan announced a new $60 billion share buyback plan. Microsoft also hiked its quarterly dividend by 10.7% to 83 cents per share.
Microsoft Raises Its Dividend 10% and Announces $60B Stock Buyback Program
Microsoft on Monday announced a $60 billion stock buyback program and a 10% boost to its quarterly dividend. The moves come as Microsoft faces pressure to show its spending on artificial intelligence (AI) is paying off.
Microsoft Is Ratcheting Up Its Shareholder Value
Microsoft Corporation is a top tech stock with solid financials, innovative products, and potential for growth, but also comes with risks. Read more about MSFT stock here.
1h
on MSN
Constellation Energy Stock Jumps on Plan to Restart Three Mile Island Site With Microsoft
Key Takeaways Constellation Energy will restart the Three Mile Island Unit 1 nuclear plant to provide electricity to power ...
21h
on MSN
Microsoft Corp. stock underperforms Thursday when compared to competitors despite daily gains
Microsoft Corp. closed $29.66 short of its 52-week high ($468.35), which the company reached on July 5th.
1d
on MSN
Buy Microsoft stock and its 15% upside – Morningstar
Microsoft (MSFT) stock price has done well in the past decades, helping propel it into the second-biggest company in the ...
10h
Meet the Supercharged Growth Stock Headed to $10 Trillion by 2030, According to 1 Wall Street Analyst
Numerous growth drivers and strong tailwinds should combine to drive this artificial intelligence (AI) pioneer higher.
8m
Why Constellation Energy and Vistra shares are building on massive gains
Constellation has a new nuclear-power deal with Microsoft. Both Constellation and Vistra shares have more than doubled this ...
2d
Which Tech Stock Is Better: Apple or Microsoft?
In this article, I evaluate two leading technology stocks, Apple (AAPL) and Microsoft (MSFT), to determine which is the ...
8h
Prediction: Nvidia Stock Is Going to Soar in the Remainder of 2024
Wall Street expects Nvidia to deliver $4.02 in earnings per share during fiscal 2026, which places its stock at a forward P/E ...
3h
Constellation Energy stock soars on landmark power purchase agreement with Microsoft
Constellation Energy to bring Three Mile Island nuclear plant back to life. Microsoft will buy 100% of power from that plant ...
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