Microsoft sets $40 billion stock buyback, raises dividend
Microsoft says its board has approved a dividend increase and a new $40 billion stock buyback plan. The Redmond, Washington, company said Tuesday it will pay a quarterly dividend of 39 cents on Dec. 8 to shareholders of record Nov. 17. That's up 3 cents, or 8 percent, from its previous payout. The technology giant also said it's on track to complete...