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Microsoft Announces Dividend and Stock Buyback Program 411

Posted by michael on Tuesday July 20, 2004 @06:01PM from the more-than-3000-patents-this-fiscal-year dept.

neile writes "Microsoft just announced some of their plans for their large cash reserves. This includes moving to quarterly dividend payments of $0.08 a share (up from $0.16 annually), and a special one-time dividend of $3.00 a share in December. The Board of Directors also approved a four-year, $30 billion, stock buyback plan."

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Microsoft Announces Dividend and Stock Buyback Program

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Does this mean.. (Score:0, Funny)

by Anonymous Coward writes: on Tuesday July 20, 2004 @06:03PM (#9753884)

I get a refund to the full retail value of the malware that was preinstalled on my notebook?

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hopes dashed (Score:5, Funny)

by kippy ( 416183 ) writes: on Tuesday July 20, 2004 @06:05PM (#9753901)

Crap, I was hoping for a Mars mission.

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seven businesses? (Score:4, Funny)

by hostyle ( 773991 ) writes: on Tuesday July 20, 2004 @06:06PM (#9753915)

"... and all seven of our businesses are growing," said Steve Ballmer

Seven businesses? Can anyone enlighten me on this? OS, Software, Xbox, MSN, selling hotmail addresses to spammers?

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Re:Outstanding (Score:5, Funny)

by pilgrim23 ( 716938 ) writes: on Tuesday July 20, 2004 @06:12PM (#9753973)

I used to have Microsoft stock, but one day I opened my portfolio and all the certificates had turned blue with incomprehensible writing on them. When I called my broker he assured me everything was all right, it was all a part of doing business and that I should put the stocks back in my old shoe where I stored them. So...I rebooted...

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Re:seven businesses? (Score:2, Funny)

by JamesP ( 688957 ) writes: on Tuesday July 20, 2004 @06:18PM (#9754054)

You forgot AdTI and SCO...

Oh, wait...

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Why not.... (Score:4, Funny)

by carlos_benj ( 140796 ) writes: on Tuesday July 20, 2004 @06:28PM (#9754155) Journal

Hey, why don't they pay out that promised money for forwarding all those emails to Bill could test that email tracking software? I mean, I musta sent that thing to several hundred people expecting to reap big cash rewards and I haven't even seen a dime!

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Re:hopes dashed (Score:3, Funny)

by LordSah ( 185088 ) * writes: on Tuesday July 20, 2004 @06:38PM (#9754254)

That would be so damned cool. Imagine the Slashdot responses...

"Microsoft didn't have that idea first. They are just copying NASA. Embrace and extend, eh?"

"They'll probably build the Mars rocket using their own 'standards' instead of open ones."

"A morally defunct company announces a morally defunct Mars mission."

"The rocket won't run Linux."

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Re:Outstanding (Score:1, Funny)

by Anonymous Coward writes: on Tuesday July 20, 2004 @07:29PM (#9754730)

That wouldn't be very ethical :(

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Re:Outstanding (Score:1, Funny)

by Anonymous Coward writes: on Wednesday July 21, 2004 @05:06AM (#9757750)

Well, there are mutual funds dedicated to investing in socially conscious/socially responsible corporations.

Can they be sold short?

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