Microsoft approves new $60 billion share buyback program
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.
2don MSN
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I spent nearly 10 years at Microsoft leading programs I felt passionate about. But there was something I couldn’t overlook.
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