11 years ago
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Microsoft in $40bn share buyback
Microsoft has announced a share buyback worth $40bn and will raise its dividend payout to shareholders by 22%. The new share buyback replaces a previous scheme to repurchase shares which was launched in 2008 and expires this month. The company's shares rose 1.4% after the announcement.
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Here's a company that has truly run out of ideas... but that's what dividends are for, right?