Microsoft announces 40 billion dollar big share repurchase plan

Phoenix Science and technology news Beijing time September 18, according to the TechCrunch website reported that in Tuesday, shortly after the opening of the stock market, Microsoft announced a large-scale stock repurchase plan, and raise dividend dividends news. It is reported that Microsoft has announced the repurchase plan will expire at the end of this month. The announcement, announced in Tuesday, confirms Microsoft's commitment to buy back shares. Microsoft also raised its quarterly dividend payout by 22%, from $0.23 a share to $0.28. Microsoft will still generate billions of of dollars of profits per quarter, and investors expect the company to return cash to its shareholders. As many investors have been waiting for the news, the stock buyback program will boost Microsoft's share price. Unlike previous plans, Microsoft's new stock repurchase plan does not have an expiration date. In the Tuesday stock market trading, Microsoft shares rose 1.83%, trading at a price of 33.40 U.S. dollars. The absence of an expiration date means that Microsoft's stock repurchase plan may take some time. When it comes to stock repurchase plans, it is an important vote of confidence for a company. On the one hand, buying back shares means that Microsoft believes it does not have to invest cash in other areas. For Microsoft's own money, investing in Microsoft shares is the best financial investment. On the other hand, repurchase shares can reduce the number of shares traded on the market, thereby increasing the value of the rest of the stock. Existing investors will have a larger share of Microsoft shares. (Compiling/willow wind)