Annual shareholders meeting set for
Dec. 10, 2024
REDMOND,
Wash., Sept. 16, 2024 /PRNewswire/ -- Microsoft
Corp. on Monday announced that its board of directors declared a
quarterly dividend of $0.83 per
share, reflecting an 8 cent or 10%
increase over the previous quarter's dividend. The dividend is
payable Dec. 12, 2024, to
shareholders of record on Nov. 21,
2024. The ex-dividend date will be Nov. 21, 2024.
The board of directors also approved a new share repurchase
program authorizing up to $60 billion
in share repurchases. The new share repurchase program, which has
no expiration date, may be terminated at any time.
In addition, the company announced the date for the 2024 Annual
Shareholders Meeting, to be held Dec. 10,
2024. Shareholders at the close of business on Sept. 30, 2024, the record date, will be entitled
to vote their shares.
This year's annual shareholders meeting will be held virtually
and hosted by Satya Nadella,
chairman and chief executive officer; Amy
Hood, executive vice president and chief financial officer;
Brad Smith, vice chair and
president; and Sandra E. Peterson,
Microsoft lead independent director.
Microsoft (Nasdaq "MSFT" @microsoft) creates platforms and tools
powered by AI to deliver innovative solutions that meet the
evolving needs of our customers. The technology company is
committed to making AI available broadly and doing so responsibly,
with a mission to empower every person and every organization on
the planet to achieve more.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/microsoft-announces-quarterly-dividend-increase-and-new-share-repurchase-program-302249565.html
SOURCE Microsoft Corp.