Microsoft shares are rising after the company raised its quarterly dividend and announced a new share repurchase program.
Portfolio Pulse from Benzinga Newsdesk
Microsoft shares are experiencing an uptick following the announcement of an increased quarterly dividend and a new share repurchase program.
September 17, 2024 | 1:25 pm
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POSITIVE IMPACT
Microsoft has increased its quarterly dividend and announced a new share repurchase program, leading to a rise in its stock price.
The increase in dividends and the announcement of a share repurchase program are positive signals to investors, indicating strong financial health and a commitment to returning value to shareholders. This typically results in a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100