The tech giant declared a quarterly dividend of $0.83 per share, reflecting an 8 cent, or 10%, increase over the previous quarter. In July, the company said it will spend more this fiscal year on AI infrastructure. It reported a 77.6% rise in capital spending in the quarter ended June 30, largely due to AI-related expenses.

Microsoft announces a $60 billion repurchase and a 10% dividend increase, following a 31% increase in share price over the previous year. TakeAway Points: Microsoft announces a $60 billion stock buyback programme,

Microsoft has announced a $60 billion stock buyback plan, the largest in its history, and a 10% dividend increase.

Microsoft said its board has approved a new share buy back programme of up to $60 billion. The tech giant declared a quarterly dividend of $0.83 per share, reflecting an eight cent, or 10%, increase over the previous quarter. Microsoft said it will hold its annual shareholders meeting on December 10.

Microsoft is increasing its quarterly dividend 10% and announced a new $60 billion stock-buyback program, matching the size of a repurchase plan three years ago. Mandeep Singh of Bloomberg Intelligence has more.

Key Takeaways Microsoft on Monday announced a $60 billion stock buyback program and a 10% boost to its quarterly dividend. The moves come as Microsoft faces pressure to show its spending on artificial intelligence (AI) is paying off.

Microsoft Corp. announced a 10% increase in its quarterly dividend and launched a new $60 billion stock buyback program, matching the size of its repurchase plan from three years ago.

Microsoft ($MSFT) is enhancing its shareholder value with a 10% dividend increase and a new $60 billion stock buyback program. These actions