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Microsoft Announces Dividend and Stock Buyback Program

Posted by ryuzaki0 on from the more-than-3000-patents-this-fiscal-year dept.

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."

1 of 411 comments (clear)

  1. THE FP IS MINE!!!111 by Bold+Marauder · · Score: 1, Offtopic

    "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.