Microsoft boosts S&P 500 with 2.5% rise on new $60 billion buyback plan, quarterly dividend hiked by 10%
Microsoft Corp. announced a 10 per cent increase in its quarterly dividend and introduced a new $60 billion stock buyback program, matching the scale of its repurchase plan from three years ago. The company’s shares rose by up to 2.4 per cent following the news. In a statement late Monday, the tech giant revealed that … Read more