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19 September 2021
13:05 hour

Microsoft boosts dividend 11%, sets new $60 billion buyback

Seeking Alpha

15/09/2021 - 00:51


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  1. Microsoft announces share buyback and increase of dividends. (15/09/2021 - Reddit Stocks)
    https://money.usnews.com/investing/news/articles/2021-09-14/microsoft-announces-share-buyback-program-of-up-to-60-billion (Reuters) -Microsoft Corp said on Tuesday its board had authorized a new share buyback program of up to $60 billion, while also raising the quarterly dividend by 11%. The new dividend of $0.62 per share is an increase of 6 cents over the previous quarter's dividend. Microsoft said the share buyback program, which has no expiration date, may be terminated at any time. The company's board also approved the appointment of Brad Smith as president and vice chair of Microsoft. While Smith already serves as the president of company, Microsoft said that vice chair was an updated executive role for him.   submitted by   /u/OhShit__ItsDrTran [link]   [comments]
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  2. Microsoft gains after strong guidance sets off more analyst price target boosts (28/07/2021 - Seeking Alpha)

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  3. Whirlpool hikes dividend by 12% to $1.40 per share, boosts buyback by $2B (20/04/2021 - Seeking Alpha)

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  4. NetEase declares $0.24 per ADS dividend, boosts share buyback (31/08/2021 - Seeking Alpha)

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  5. PNC plans 9% dividend boosts and to reinstate $2.9B stock buyback (29/06/2021 - Seeking Alpha)

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  6. Bassett Furniture raises dividend by 12%, boosts buyback by $16 million (15/07/2021 - Seeking Alpha)

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  7. Advance Auto Parts hikes dividend, boosts buyback firepower (20/04/2021 - Seeking Alpha)

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  8. Radian Group declares $0.14 dividend; boosts share buyback by $200 million (12/08/2021 - Seeking Alpha)

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  9. Advanced Drainage Systems raises dividend by ~22%, boosts share buyback (20/05/2021 - Seeking Alpha)

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  10. Microsoft (MSFT) hikes dividend and unveils $60B stock buyback program (15/09/2021 - Reddit Stocks)
    Expanding its program for returning capital to shareholders, Microsoft late Tuesday said its board voted to both boost its quarterly dividend and adopt a new share repurchase program. Microsoft (ticker: MSFT) raised its quarterly dividend rate by 11%, to 62 cents from 56 cents. It was the 12th straight year that the company has boosted its quarterly payout following its September board meeting. The new rate gives the company a yield of 0.8%. The hike follows increases of 10% last year and 11% in 2019. The company also announced a new $60 billion stock repurchase program, with no specific expiration date. Microsoft also said its board has appointed President Brad Smith to the added role of vice chair. “This reflects the unique leadership role that Brad plays for the company, our board of directors and me, with governments and other external stakeholders around the world,” Microsoft CEO and Chairman Satya Nadella said in a statement. Source   submitted by   /u/mynamesafad [link]   [comments]
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  11. Microsoft in advanced talks to buy Nuance for about $16 billion, announcement could come Monday (11/04/2021 - Reddit Stocks)
    https://www.cnbc.com/2021/04/11/microsoft-in-advanced-talks-to-buy-speech-recognition-company-nuance.html A deal could be announced as soon as Monday, said one person who is familiar with the talks. Microsoft first approached Nuance in December, the person said, and is willing to pay about $56 per share for Nuance, the person said. That would give Nuance an equity value of about $16 billion, representing a 23% premium over the stock’s Friday closing price of $45.58 per share. At $16 billion, Nuance would be Microsoft’s second largest acquisition, after the $27 billion purchase of LinkedIn in 2016. Microsoft just finished the Bethesda acquisition for 7.5 billion. It is talking to acquire Discord. Now it is acquiring Nuance for 16 billion. Microsoft really spending cash hoard to acquire potential companies to further strengthen the moats. It is already breaking 52 weeks high everyday. This year will be bright for Microsoft and the stock price will hit at least $300.   submitted by   /u/coolcomfort123 [link]   [comments]
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  12. PulteGroup boosts buyback plan by $1.0B (27/04/2021 - Seeking Alpha)

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  13. Medpace boosts buyback by $150 million (14/06/2021 - Seeking Alpha)

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  14. Veritiv boosts buyback by $50.0 million (24/05/2021 - Seeking Alpha)

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  15. Cowen boosts share buyback plan (22/06/2021 - Seeking Alpha)

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  16. ZTO boosts share buyback plan by $500M (31/03/2021 - Seeking Alpha)

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  17. Synopsys boosts share buyback up to $500 million (17/06/2021 - Seeking Alpha)

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  18. Tri Pointe Homes boosts buyback by $250 million (22/07/2021 - Seeking Alpha)

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  19. : Microsoft in talks to buy Nuance Communications for around $16 billion: reports (11/04/2021 - Market Watch)
    If successful, the acquisition would be Microsoft's second-largest ever, behind 2016's $24 billion purchase of LinkedIn.
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  20. CNO Financial boosts stock buyback program by $500M (07/05/2021 - Seeking Alpha)

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  21. Middlefield Banc boosts share buyback plan (13/08/2021 - Seeking Alpha)

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  22. Veritex boosts shares buyback to $250M from $175M (15/09/2021 - Seeking Alpha)

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  23. Investar Holding boosts share buyback plan (20/05/2021 - Seeking Alpha)

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  24. KB Home boosts stock buyback authorization to 5M shares (08/07/2021 - Seeking Alpha)

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  25. Siemens boosts profit targets, plans €3B stock buyback (24/06/2021 - Seeking Alpha)

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  26. Microsoft earnings call (27/07/2021 - Reddit Stocks)
    Microsoft earnings call summary: Revenue: $46.15 billion versus $44.25 billion expected Earnings per share: $2.17 versus $1.92 expected Productivity and Business Processes: $14.69 billion versus $13.9 billion expected Intelligent Cloud: $17.38 billion versus $16.4 billion expected More Personal Computing: $14.09 billion versus $13.8 billion expected   submitted by   /u/ayanD2 [link]   [comments]
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  27. Earnings Results: Alibaba tops profit expectations, boosts buyback program (03/08/2021 - Market Watch)
    Alibaba Group Holding Ltd. beat earnings estimates Tuesday but fell slightly short of revenue expectations, while also announcing a boost to its buyback program.
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  28. Procter & Gamble maintains profit guidance, boosts buyback firepower (20/04/2021 - Seeking Alpha)

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  29. Chimera Investment Q4 core EPS declines; board boosts buyback program (10/02/2021 - Seeking Alpha)

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  30. Hartford Financial turns down $70/share proposal from Chubb, boosts buyback (22/04/2021 - Seeking Alpha)

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  31. Customers Bancorp adopts 10% stock buyback program, boosts year EPS guidance (26/08/2021 - Seeking Alpha)

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  32. : Microsoft reportedly in talks to buy Discord for more than $10 billion (23/03/2021 - Market Watch)
    Microsoft Corp. is in discussions to purchase videogame-chat platform Discord for more than $10 billion, according to a report by Bloomberg News.
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  33. : Microsoft tops $60 billion in annual earnings for the first time to cap another record-breaking year (27/07/2021 - Market Watch)
    Microsoft Corp. finished yet another record-breaking year with more than $60 billion in profit and $165 billion in sales, showing why it has become only the second $2 trillion company in U.S. stock market history.
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  34. Microsoft boosts business pricing for Office subscription products; shares rise 2% (19/08/2021 - Seeking Alpha)

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  35. Will someone explain Cigna's "Accelerated Stock Buyback"? (25/08/2021 - Reddit Stocks)
    I'm reading about Cigna's announcement today regarding "accelerated repurchase agreements", and hoping someone can help me understand a few things. ​ https://www.marketwatch.com/story/cigna-sets-2-billion-accelerated-stock-buyback-271629801911 In general, what is driving Cigna's decision to buy stock to begin with and why in your opinion is it being accelerated? What does this mean for the company? Where does the money come to buy these stocks in terms of budget, and where do the stocks go? What does this mean for the CEO and the employees? Cigna did not give merit increase or raises to employees last year, and I am curious how this announcement impacts the decision to do the same at the end of 2021.   submitted by   /u/anon_adhd_01 [link]   [comments]
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  36. Microsoft beats earnings and revenue expectations as the company releases Q2 report (27/07/2021 - Reddit Stocks)
    Microsoft released its fiscal fourth-quarter results on Tuesday. Here’s how the tech giant fared in the quarter relative to what analysts polled by Refinitiv expected: Earnings: $2.17 per share vs adjusted $1.92 per share expected Revenue: $46.15 billion vs. $44.24 billion forecast Microsoft earnings are out – here are the numbers https://www.cnbc.com/2021/07/27/microsoft-msft-earnings-q4-2021.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard   submitted by   /u/juaggo_ [link]   [comments]
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  37. Just a trade idea. There could be a great opportunity in the mortgage sector. RKT, HMPT, LDI UWMC. Share thoughts, PROS, CONS? (25/05/2021 - Reddit Stocks)
    If you do not follow the mortgage sector, RKT is the market leader and reported earnings just 2 weeks ago. Their report was a miss by a penny but still made close to 2 billion dollars as a company. When RKT missed the entire sector dropped drastically. The main stocks that crashed were LDI, HMPT and UWMC. I strongly believe RKT was the culprit. Famous for being short as high as 35% just a quarter ago. I believe the sharks were still nearby and ready. The short % has not been updated since earnings and is at 7%. I believe the new short is once again at 20% or above. The very next day following earnings the rest of the sector has been attacked. The difference with these companies and most stocks, especially tech/growth is they all make serious, serious money! LDI makes close to 1 billion a year, just made over 300 million. Announced a special dividend of 200 million or 62 cents a share. They announced a regular dividend per share. The market cap is slightly over 4 billion. Yes, they have a PE ratio of under 4! Cash flows to buy back shares instead of using money for dividends. They have lost over 1.2 billion in market cap since RKT report. HMPT just made 149 million the past 3 months. They have lost over 500 million in market cap since RKT reported. They have not announced a dividend or anything yet. The company trades at 2.5x earnings. They make cash! UWMC, did the right thing makes cash and announced a 300 million buyback. I believe they have smoked out the shorts as it dipped as low as 6.25 and has recovered nicely. RKT makes roughly 8 billion a year! They are valued near 35 billion and have lost over 14 billion since earninings! They last quarter gave out over 2 billion for free via a special dividend of over 1.14 per share. They have 2 billion shares! They make over $4 per share and trade under 17!!! LDI trades 200,000 shares daily! The stock is under 14!! Can you imagine a 100 million buyback?? They are giving 100 million via dividend and just gave 200 million special dividend they can do it! HMPT trades just over 100,000 shares at about 6! Even a 20 million buyback will moon the stock. They just made 149 million the last 3 months! Good luck everyone. Happy trading!   submitted by   /u/UltimateTraders [link]   [comments]
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  38. Microsoft Beats Earnings Estimates (27/04/2021 - Reddit Stocks)
    Microsoft easily beats earnings estimates and Azure was up 50%. ​ Third-quarter revenue of $31.7 billion was up 19% year-over-year and beat Street estimates of $41 billion. Microsoft reported operating income of $17 billion and net income of $14.8 billion, up 31% and 38% year-over-year, respectively. Earnings per share of $1.95 beat estimates of $1.78 per share. The company saw revenue of $13.6 billion for its productivity and business processes segment, up 15% year-over-year. Office commercial products and cloud service revenue was up 14% year-over-year led by growth in Office 365 commercial revenue up 22% year-over-year. Microsoft 365 consumer subscriptions hit 50.2 million in the third quarter. LinkedIn revenue was up 25% year-over-year. Dynamic products and cloud services revenue was up 26% year-over-year. The company’s more personal computing business segment reported $13 billion in revenue, up 19% year-over-year. Xbox revenue was up 34% year-over-year in the segment. Search advertising revenue was up 17% year-over-year. Growth In Cloud: Intelligent cloud segment revenue was $15.1 billion in the third quarter, up 23% year-over-year. Server products and cloud service revenue was up 26% year-over-year driven by Azure revenue up 50% year-over-year. “We are building the cloud for the next decade, expanding our addressable market and innovating across every layer of the tech stack to help our customers be resilient and transform,” said CEO Satya Nadella. Total Microsoft Cloud revenue hit $17.7 billion, up 33% year-over-year. Microsoft Corporation (NASDAQ:MSFT) - Microsoft Beats Q3 Earnings Estimates, Sees Azure Revenue Up 50% | Benzinga   submitted by   /u/gorays21 [link]   [comments]
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  39. Prudential Financial stock rises after Q1 earnings beat, boosts stock buyback (04/05/2021 - Seeking Alpha)

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  40. U.S. Futures Edge Higher; Microsoft Buyback, Industrial Production in Focus (15/09/2021 - Investing.com)

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  41. Microsoft buys AI speech tech company Nuance for $19.7 billion (12/04/2021 - Reddit Stocks)
    Microsoft is buying AI speech tech firm Nuance for $19.7 billion, bolstering the Redmond, Washington-based tech giant’s prowess in voice recognition and giving it further leverage in the health care market, where Nuance sells many products. Microsoft will pay $56 per share for Nuance, a 23 percent premium over the company’s closing price last Friday. The deal includes Nuance’s net debt. Source   submitted by   /u/mynamesafad [link]   [comments]
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  42. The Wall Street Journal: Microsoft agrees to nearly $22 billion deal to make AR headsets for U.S. Army (31/03/2021 - Market Watch)
    Microsoft Corp. has agreed to build custom augmented-reality headsets for the U.S. Army in a deal worth up to $21.9 billion, expanding the technology company’s role as a major government supplier.
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  43. Microsoft closes $7.5 billion Bethesda acquisition, aiming to take on Sony with exclusive games (26/03/2021 - Reddit Stocks)
    https://www.cnbc.com/2021/03/09/microsoft-closes-bethesda-acquisition-aiming-to-take-on-sony.html Microsoft has closed its $7.5 billion acquisition of ZeniMax, the parent company of Bethesda. Microsoft confirmed that some new Bethesda games would be exclusive to Xbox consoles and PCs. The firm has often been seen as lagging behind Sony when it comes to major first-party releases. This is a positive news as msft could improve the gaming business. It will be more competitive to sony and able to generate more subscription revenue. The stock is trading around $230 and it is an attractive entry point for long term investors.   submitted by   /u/coolcomfort123 [link]   [comments]
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  44. Earnings Results: Apple tops expectations across the board while boosting dividend 7% (28/04/2021 - Market Watch)
    Apple Inc. continued its hot streak Wednesday, posting better-than-expected revenue across all of its product categories for the March quarter while boosting its buyback program by $90 billion and raising its dividend by 7%.
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  45. Infosys completes buyback programme (07/09/2021 - Money Works 4 Me)
    The buyback committee of the company will, on September 8, 2021, consider proposals, including but not to limited to, the closure of the buyback
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  46. LMPX announces share buyback + dividend. Let the short squeeze commence! (09/07/2021 - Reddit Stock Market)
    700k shares sold short 6mm share float will be 5 mm after buyback Growth is on fire, blew out Q1, prelim Q2 is $141mm raised from $128mm Net income of $30mm+ over next 3 quarters Plus a dividend coming of 15% of excess cash at end of year All this with a market cap of only $150mm give or take, thanks to the shorts controlling the price down on a low float stock, thanks shorts! $600mm line of credit available from Truist to continue acquisitions with 80-100 additional planned companies in this sector trade at a 3-5x multiple on sales on average, some as high as 8x, LMPX is below 1x including the growth trajectory Q2 sets up the CEO owns about 40% of the stock, he is motivated to achieve maximum shareholder value last time the stock price ran it was early stage, based on anticipated future performance, now it deserves to on present day fundamentals I have a large position in LMPX, so do your own DD, this is meant as educational, not an endorsement or financial advice.   submitted by   /u/Qplus17 [link]   [comments]
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  47. : Microsoft stock rallies as Morgan Stanley ‘conservatively estimates’ a 10% dividend hike soon (14/09/2021 - Market Watch)
    Shares of Microsoft Corp. rose Tuesday, to buck the selloff in the broader stock market, as investors expected the software behemoth to announce another dividend increase, possibly as soon as the next day.
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  48. The Ratings Game: Microsoft $19.7 billion deal for Nuance is a ‘no brainer’— and could be a steal (12/04/2021 - Market Watch)
    Microsoft Corp. is making a big healthcare push with its purchase of speech-recognition software maker Nuance Communications—and the company could be getting a bargain.
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  49. The Ratings Game: Microsoft’s $19.7 billion deal for Nuance is a steal, but rivals could jump in to offer more, analyst says (12/04/2021 - Market Watch)
    Microsoft Corp. is making a big healthcare push with its purchase of speech-recognition software maker Nuance Communications—and the company could be getting a bargain.
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