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Thread: Microsoft to buy back stock, raise dividend

  1. #1
    Friendly Neighborhood Super Moderator phishhead's Avatar
    Join Date
    Apr 2002
    San Diego, Ca.

    Microsoft to buy back stock, raise dividend

    Board has approved plan to buy back up to $40 billion of its shares

    REDMOND, Wash. - Software giant Microsoft Corp. said Monday its board approved a plan to buy back up to another $40 billion of its shares.The program expires on Sept. 30, 2013. As of July 28, Redmond, Washington-based Microsoft had about 9.13 billion shares outstanding, according to a regulatory filing.
    The company said it has completed its previous $40 billion stock repurchase program.

  2. #2
    Nobody knows I'm a dog. TZ Veteran petard's Avatar
    Join Date
    Feb 2003
    Cool! I'm holding onto my shares.

    Many thanks to egghead for the cool .sig

  3. #3
    Junior Member Farquard's Avatar
    Join Date
    Jul 2003
    Earth Sol-Sector
    My late pappy, gave this fast talking kid 25 Grand to start up some computer software company a long time ago, I think his name was Bill something or another. The kid told him those shares would be valuable someday. I wonder if they are....

    I think I will hang onto them just for sentimental reasons.

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