Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MICROSOFT CORPORATION

(MSFT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Microsoft : announces quarterly dividend increase and new share repurchase program

09/18/2019 | 04:07pm EDT

REDMOND, Wash., Sept. 18, 2019 /PRNewswire/ -- Microsoft Corp. on Wednesday announced that its board of directors declared a quarterly dividend of $0.51 per share, reflecting a 5 cent or 11% increase over the previous quarter's dividend. The dividend is payable Dec. 12, 2019, to shareholders of record on Nov. 21, 2019. The ex-dividend date will be Nov. 20, 2019.

Microsoft company logo. (PRNewsFoto/Microsoft Corp.) (PRNewsfoto/Microsoft Corp.)

The board of directors also approved a new share repurchase program authorizing up to $40 billion in share repurchases. The new share repurchase program, which has no expiration date, may be terminated at any time.

In addition, the company announced the date for the 2019 Annual Shareholders Meeting, to be held on Dec. 4, 2019. Shareholders at the close of business on Oct. 8, 2019, the record date, will be entitled to vote their shares.

This year's annual shareholders meeting will be held virtually and hosted by Satya Nadella, chief executive officer; Amy Hood, chief financial officer; Brad Smith, president and chief legal officer; and John W. Thompson, Microsoft independent board chair. A virtual meeting format provides a consistent experience to all shareholders regardless of location, as well as the opportunity for global, multilingual and interactive access to a dialogue with its senior executives and directors.

As with previous shareholders meetings, a business update from senior executives will be followed by a 30-minute question and answer session with shareholders. Microsoft's board of directors will also attend the meeting to hear shareholders' questions and feedback. More information about the virtual format can be found on the Microsoft On the Issues blog.

In addition to providing the live webcast of the annual meeting, shareholders will have the option to view the annual meeting through Microsoft Teams at www.microsoft.com/investor. As with previous meetings, the transcript with video and audio of the entire meeting will be available on the Microsoft Investor Relations website following the meeting.

About Microsoft

Microsoft (Nasdaq "MSFT" @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

Cision
View original content to download multimedia:http://www.prnewswire.com/news-releases/microsoft-announces-quarterly-dividend-increase-and-new-share-repurchase-program-300921057.html

SOURCE Microsoft Corp.


© PRNewswire 2019
All news about MICROSOFT CORPORATION
03:38pFed Statement 'Very Bullish' For Tech Stocks, Wedbush Says
MT
01:31pMICROSOFT  : Recipients of academic grants for AI research on combating phishing..
PU
11:49aRECAP OF JUNE 17 XBOX GAMES SHOWCASE : Extended
PU
11:26aGLEDHOW INVESTMENTS PLC  : Holding in Company
DJ
09:47aACCENTURE  : and Avanade Named to the Leaders Category in Worldwide Microsoft Im..
AQ
09:27aETF PREVIEW : ETFs, Futures Mixed as Wall Street Continues to Mull Fed's Rate Hi..
MT
09:25aMICROSOFT  : Surface gamechanger creating a community cleaning up the seas
PU
09:20aTODAY ON WALL STREET : We’re not done with cyclicals yet
05:53aANALYST RECOMMENDATIONS : American Express, HSBC, CyrusOne, Microsoft, Vodafone...
04:25aMARKET CHATTER : Microsoft Planning Data Center Expansion in China
MT
More news