Microsoft sets $40bn stock buyback, raises dividend
Microsoft co-founder Bill Gates with Microsoft CEO Satya Nadella
Redmond ,Washington - Arab Today
Microsoft Corp. says its board has approved a dividend increase and a new $40 billion stock buyback plan.
The Redmond, Washington, company said Tuesday it will pay a quarterly dividend of 39 cents on Dec. 8 to shareholders of record Nov. 17. That’s up 3 cents, or 8 percent, from its previous payout.
The technology giant also said it’s on track to complete its existing $40 billion stock buyback plan by year-end.
The new plan has no expiration and may be terminated anytime. Shares of Microsoft are up about 30 percent in the past year.
Source: Arab News
With Job Cuts, China Deal
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Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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