Home NEWS Microsoft pronounces quarterly dividend enhance and new share repurchase program

Microsoft pronounces quarterly dividend enhance and new share repurchase program

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Annual shareholders assembly set for Dec. 10, 2024

REDMOND, Wash. — Sept. 16, 2024 Microsoft Corp. on Monday introduced that its board of administrators declared a quarterly dividend of $0.83 per share, reflecting an 8 cent or 10% enhance over the earlier quarter’s dividend. The dividend is payable Dec. 12, 2024, to shareholders of file on Nov. 21, 2024. The ex-dividend date might be Nov. 21, 2024.

The board of administrators additionally permitted a brand new share repurchase program authorizing as much as $60 billion in share repurchases. The brand new share repurchase program, which has no expiration date, could also be terminated at any time.

As well as, the corporate introduced the date for the 2024 Annual Shareholders Assembly, to be held Dec. 10, 2024. Shareholders on the shut of enterprise on Sept. 30, 2024, the file date, might be entitled to vote their shares.

This yr’s annual shareholders assembly might be held nearly and hosted by Satya Nadella, chairman and chief government officer; Amy Hood, government vice chairman and chief monetary officer; Brad Smith, vice chair and president; and Sandra E. Peterson, Microsoft lead impartial director.

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Microsoft (Nasdaq “MSFT” @microsoft) creates platforms and instruments powered by AI to ship progressive options that meet the evolving wants of our prospects. The know-how firm is dedicated to creating AI obtainable broadly and doing so responsibly, with a mission to empower each individual and each group on the planet to attain extra.

For extra info, monetary analysts and traders solely:

Investor Relations, Microsoft, (425) 706-4400

For extra info, press solely:

Microsoft Media Relations, WE Communications, (425) 638-7777, rapidresponse@we-worldwide.com

Be aware to editors: For extra info, information and views from Microsoft, please go to Microsoft Supply at https://information.microsoft.com/supply. Internet hyperlinks, phone numbers and titles had been appropriate at time of publication, however could since have modified. Shareholder and monetary info is on the market at http://www.microsoft.com/en-us/investor.

 

 

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