Tag: microsoft

Microsoft Approved for $40 Billion Share Repurchase

Microsoft’s board of directors has approved a share buyback for Microsoft to the tune of $40 billion, with an expiration date of September 30, 2013.The board also declared a quarterly dividend of $0.13 per share, reflecting a two cent or 18 percent increase over the previous quarter’s dividend. Said dividend is payable December 11, 2008 to shareholders of record on November 20, 2008. The ex-dividend date will be November 18, 2008.

Google Blames Microsoft for Yahoo! Deal Controversy

Google held its Zeitgeist Conference yesterday, and during that conference, CEO Eric Schmidt, and co-founders Larry Page and Sergey Brin held a media roundtable at which they discussed a variety of Google’s recent endeavors. Among the topics of course, was the proposed Google-Yahoo! advertising deal, which is currently being scrutinized by the U.S. Department of Justice.

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