Microsoft to offer payout, launch stock buyback
C|Net | at | by Mike
Microsoft said Tuesday that it will offer shareholders an increased dividend, buy back $30 billion of stock over the next four years and offer a one-time payout to shareholders of $3 per share.
Analysts have been calling on the company to distribute some of its $50 billion in cash for some time. The company initially urged patience, but had promised in recent months that it would offer a plan for the cash ahead of an analysts' meeting next week.