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Overall, history indicates that the buyback will have little impact on Microsoft's stock. While $60 billion sounds like a lot, it represents less than 2% of its shares outstanding and won't move ...
Buyback: Impact on Investors For investors, the main impact of a buyback will be a likely, modest increase in share prices. With a stock buyback, a company makes a large purchase of its own stock.
(Reuters) -Microsoft said on Monday its board has approved a new share buy back program of up to $60 billion. The tech giant declared a quarterly dividend of $0.83 per share, reflecting an 8 cent ...
The most common share repurchase method in the United States is the open-market stock repurchase, representing almost 95% of all repurchases. A firm will announce that it will repurchase some shares in the open market from time to time as market conditions dictate and maintains the option of deciding whether, when, and how much to repurchase.
Microsoft also announced that it authorized a new share repurchase program worth up to $60 billion in addition to its current program, which had $10.3 remaining as of June 30.
Gates' sale of Microsoft stock comes as shares have soared in the last year thanks to new artificial intelligence initiatives and growth. Microsoft shares are up 37% over the last year.
The stock, which eventually closed at $27.75 a share, peaked at $29.25 a share shortly after the market opened for trading. After the offering, Microsoft had a market capitalization of $519.777 million. [1] Microsoft has subsequently acquired over 225 companies, purchased stakes in 64 companies, and made 25 divestments. Of the companies that ...
Earlier this week, Microsoft announced it was upping its quarterly dividend by 22%, and starting a new $40 billion share repurchase program. Buying back shares Microsoft is nothing new for ...