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**Microsoft Announces $60 Billion Share Buyback and Dividend Increase** **By Stephen Morris** *San Francisco, September 16, 2024* Microsoft has unveiled a $60 billion share buyback program and a dividend boost, driven by strong earnings from the artificial intelligence sector. The company will increase its quarterly dividend to 83 cents per share, up from 75 cents. This buyback replaces a similar program initiated in 2021. Microsoft will also hold its annual shareholder meeting on December 10. The stock has surged 31% over the past year, reflecting the tech giant's robust financial performance and commitment to returning value to shareholders. ### What are your thoughts? - How will the share buyback impact Microsoft’s stock price? - Does the dividend increase make Microsoft a more attractive investment? - What role do you think AI has played in this financial boost? Share your opinions in the comments below.
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