Microsoft Corporation (MSFT) Announces Massive $40 Billion Buyback

Microsoft Corporation (NASDAQ:MSFT) has just announced a huge $40 billion stock buyback. The company also announced that it was going to increase its dividend for the coming quarters. The announcement sent the price of Microsoft Corporation (NASDAQ:MSFT) shares up by more than 1% in pre market trading.

Capital return programs including buy backs and dividends have become popular among big tech companies with a lot of money to spend. Some companies, like Apple Inc. (NASDAQ:AAPL) began to start paying a dividend in recent years. Microsoft Corporation (NASDAQ:MSFT) is just the latest tech firm...