TechSpin: Microsoft and HP Buy Back Shares | WHAT REALLY HAPPENED


TechSpin: Microsoft and HP Buy Back Shares

Microsoft announced this morning that it would spend as much $40 billion buying back its own shares between now and 2013. The company recently completed another $40 billion buyback. Microsoft also said it would raise its dividend from 11 cents to 13 cents a share, payable on December 11.

This follows on the heels of Hewlett-Packard's announcement that it would buy $8 billion if its own shares. All this could be good news for investors, whose share prices are likely to go up when companies take shares off the market.

Webmaster's Commentary: 

Getting out ahead of a major plunge?

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