Microsoft Announces $60 Billion Buyback and 10% Dividend Increase

The tech giant aims to boost shareholder value amid rising investments in artificial intelligence.

Microsoft's new $60 billion stock buyback program replaces a similar plan from 2021 and has no expiration date.
The company raised its quarterly dividend by 10% to 83 cents per share, payable on Dec. 12 to shareholders of record as of Nov. 21.
Microsoft's market value has surged to $3.2 trillion, with shares gaining 31% in the past year.
The increased spending on AI infrastructure, including new AI features, reflects Microsoft's commitment to enhancing its cloud and AI capabilities.
Despite a slowdown in Azure cloud growth, Microsoft expects acceleration in the second half of fiscal 2025.