Microsoft Unveils $60 Billion Share Buyback, Hikes Dividend. The Stock Is Rising.

Microsoft Unveils $60 Billion Share Buyback, Hikes Dividend. The Stock Is Rising. · Barrons.com

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Microsoft had two pieces of good news for investors this morning. The world’s second most valuable company is increasing its shareholder payout by 10% and launching a $60 billion share buyback program. In early Tuesday trading, the stock was up about 2% to $440.01, while the tech-heavy Nasdaq Composite was up 0.8%.