Shareholders rubber-stamp Microsoft payout
C|Net | at | by Mike
Microsoft shareholders on Tuesday overwhelmingly approved changes to the company's stock compensation programs, paving the way for the software maker to complete a one-time, $32 billion payout.
To get the $3-per-share dividend, shareholders were asked to make changes to ensure the payout doesn't hurt stock compensation programs for employees, directors and consultants. More than 94 percent of shareholders approved the two required measures.