{"id":100414,"date":"2019-09-18T20:05:36","date_gmt":"2019-09-18T20:05:36","guid":{"rendered":"https:\/\/news.microsoft.com\/?p=434439"},"modified":"2019-09-18T20:05:36","modified_gmt":"2019-09-18T20:05:36","slug":"microsoft-announces-quarterly-dividend-increase-and-new-share-repurchase-program","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2019\/09\/18\/microsoft-announces-quarterly-dividend-increase-and-new-share-repurchase-program\/","title":{"rendered":"Microsoft announces quarterly dividend increase and new share repurchase program"},"content":{"rendered":"<h3><i>Annual shareholders meeting set for Dec. 4, 2019<\/i><\/h3>\n<p><strong>REDMOND, Wash. \u2014 Sept. 18, 2019 \u2014 <\/strong>Microsoft Corp. on Wednesday announced that its board of directors declared a quarterly dividend of $0.51 per share, reflecting a 5 cent or 11% increase over the previous quarter\u2019s dividend. The dividend is payable Dec. 12, 2019, to shareholders of record on Nov. 21, 2019. The ex-dividend date will be Nov. 20, 2019.<\/p>\n<p>The board of directors also approved a new share repurchase program authorizing up to $40 billion in share repurchases. The new share repurchase program, which has no expiration date, may be terminated at any time.<\/p>\n<p>In addition, the company announced the date for the 2019 Annual Shareholders Meeting, to be held on Dec. 4, 2019. Shareholders at the close of business on Oct. 8, 2019, the record date, will be entitled to vote their shares.<\/p>\n<p>This year\u2019s annual shareholders meeting will be held virtually and hosted by Satya Nadella, chief executive officer; Amy Hood, chief financial officer; Brad Smith, president and chief legal officer; and John W. Thompson, Microsoft independent board chair. A virtual meeting format provides a consistent experience to all shareholders regardless of location, as well as the opportunity for global, multilingual and interactive access to a dialogue with its senior executives and directors.<\/p>\n<p>As with previous shareholders meetings, a business update from senior executives will be followed by a 30-minute question and answer session with shareholders. Microsoft\u2019s board of directors will also attend the meeting to hear shareholders\u2019 questions and feedback. More information about the virtual format can be found on the <a href=\"https:\/\/blogs.microsoft.com\/on-the-issues\/\">Microsoft On the Issues<\/a> blog.<\/p>\n<p>In addition to providing the live webcast of the annual meeting, shareholders will have the option to view the annual meeting through Microsoft Teams at <a href=\"http:\/\/www.microsoft.com\/investor\">www.microsoft.com\/investor<\/a>. As with previous meetings, the transcript with video and audio of the entire meeting will be available on the Microsoft Investor Relations <a href=\"http:\/\/www.microsoft.com\/investor\/InvestorServices\/AnnualMeeting\/default.aspx\">website<\/a> following the meeting.<\/p>\n<p><strong>About Microsoft<\/strong><\/p>\n<p>Microsoft (Nasdaq \u201cMSFT\u201d @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.<\/p>\n<p><strong><em>For more information, financial analysts and investors only: <\/em><\/strong><\/p>\n<p>Investor Relations, Microsoft, (425) 706-4400<\/p>\n<p><strong><em>For more information, press only:<\/em><\/strong><\/p>\n<p>Microsoft Media Relations, WE Communications, (425) 638-7777, rrt@we-worldwide.com<\/p>\n<p><em>Note to editors: <\/em>For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at <a href=\"http:\/\/www.microsoft.com\/news\">http:\/\/www.microsoft.com\/news<\/a>. Web links, telephone numbers, and titles were correct at time of publication, but may since have changed. Shareholder and financial information is available at <a href=\"http:\/\/www.microsoft.com\/en-us\/investor\">http:\/\/www.microsoft.com\/en-us\/investor<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Annual shareholders meeting set for Dec. 4, 2019 REDMOND, Wash. \u2014 Sept. 18, 2019 \u2014 Microsoft Corp. on Wednesday announced that its board of directors declared a quarterly dividend of $0.51 per share, reflecting a 5 cent or 11% increase over the previous quarter\u2019s dividend. The dividend is payable Dec. 12, 2019, to shareholders of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[705,132,112],"class_list":["post-100414","post","type-post","status-publish","format-standard","hentry","category-microsoft-news","tag-annual-shareholders-meeting","tag-investor-relations","tag-press-releases"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/100414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=100414"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/100414\/revisions"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=100414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=100414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=100414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}