Microsoft Announces Dividend and Stock Buyback Program

neile writes "Microsoft just announced some of their plans for their large cash reserves. This includes moving to quarterly dividend payments of $0.08 a share (up from $0.16 annually), and a special one-time dividend of $3.00 a share in December. The Board of Directors also approved a four-year, $30 billion, stock buyback plan."

Comments

THE FP IS MINE!!!111

[Bold Marauder]

"We are confident in our long-term ability to grow revenue, profits and shareholder value through our innovation and execution. We have been successful in addressing a significant portion of our ongoing legal exposure, and all seven of our businesses are growing," said Steve Ballmer, Microsoft's chief executive officer.

That's a couple of things that SCO can't say right about now.

Netcarft confirms

[Isbiten]

Windows stockholders are dieing. In this recent event that will bring more money to the stockholders, many of them fell off their chairs with a hearattack after getting the RSS feed from overlords.net

Re:Outstanding

[maxpublic]

What's amusing is that Republicans claim that Democrats are a bunch of thievin', cheatin' liars while they themselves are as pristine as new-fallen snow; and the Democrats do the exact same thing.

But to those of us with our heads screwed on straight - which means, those of us who aren't brainless borg-puppies, mouths wide open for party boss dick - BOTH the Democrats and Republicans are a bunch of thievin', cheatin' lying scumbags out to screw everyone and their mother for a weekend trip to Tahiti and the company of a teenage whore.

Yes, I know - I'm playing 'taunt the idiot party faithful'. But really, the party faithful deserve it for being so willfully blind to the sort of snakes their politicians really are.

Max