Microsoft will be buying back shares after all, to the tune of US$3.8B, which is roughly1.5 percent. The company is allowed to buy back just over $36B until June 2011. [via eWeek]
I talked about this over at World Wealth View, that it's something they should do to prop up their sideways moving stock. But $4B just isn't enough, as far as I'm concerned. Microsoft needs some youngbloods who understand Internet ventures and start being innovative again (or buying innovative companies).
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