Welcome to WebmasterWorld Guest from 23.22.46.195

Forum Moderators: bill

Microsoft's Share Repurchase and Dividend Increase

   
2:22 pm on Sep 22, 2008 (gmt 0)

WebmasterWorld Administrator engine is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



Microsoft's Share Repurchase and [biz.yahoo.com] Dividend Increase
Microsoft Corp. today announced that its board of directors approved a new share repurchase program authorizing up to an additional $40 billion in share repurchases with an expiration of September 30, 2013.The board of directors also declared a quarterly dividend of $0.13 per share, reflecting a two cent or 18 percent increase over the previous quarter's dividend. The dividend is payable December 11, 2008 to shareholders of record on November 20, 2008. The ex-dividend date will be November 18, 2008.

In addition, the company stated that it has completed its previous $40 billion stock repurchase program. Microsoft has returned over $115 billion to shareholders through a combination of share repurchases and dividends over the last five years.

2:34 pm on Sep 22, 2008 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Sounds like they might not have cash to buy Yahoo afterall, so looks like Young may have blown it big time...
 

Featured Threads

My Threads

Hot Threads This Week

Hot Threads This Month