Microsoft announced a stock buyback program of up to $60 billion, the largest in its history đ„
This program replaces a previous one of the same amount introduced in 2021. At the same time, dividends paid to#investorsare increasing by 10%, from 75 cents to 83 cents per share đ
As of June, @Microsoft had $75 billion in cash and cash equivalents. The company's results for fiscal 2024 are strong, with annual revenue of $245 billion and net income of $88 billion.
Microsoft is currently the second most capitalized company in the world, with a valuation of $3.2 trillion đ°
