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.


http://www.msnbc.msn.com/id/26835742/

Cool! I'm holding onto my shares.

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. http://img.photobucket.com/albums/v2.../lolbanner.gif