Microsoft Approves $60 Billion Buyback and Dividend Increase

On November 21st, Microsoft announced a grand $60 billion share buyback program alongside a 10% increase in dividends for its shareholders. This increase means that shareholders will receive 83 cents per share, rising from 75 cents previously. This year has been robust for Microsoft, demonstrating its intent to invest in pivotal technologies like artificial intelligence and to uphold its substantial commitments. The decision by the board reflects typical strategies employed by executives in the S&P to showcase confidence in their company’s performance and a commitment to shareholder value. By implementing these initiatives, Microsoft aims to bolster its market position and signal to investors its strong economic health and strategic foresight in navigating future growth. Additionally, these moves can be likened to a gardener who nurtures plants in anticipation of a bountiful harvest, understanding that investments made today will yield beneficial results down the line.