Wednesday, July 21, 2004

Microsoft to return over $75 bn to shareholders

From NewRatings:

NEW YORK, July 21 (New Ratings) – Microsoft Corporation (MSFT.NAS) has announced its plans to return more than $75 billion in cash to its shareholders over the next four years. The company's cash return plan is being considered the biggest ever corporate payout in the US.

That is going to put smiles on a lot of faces.

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