![new-microsoft-logo-SIZED-SQUARE-300x297](https://i0.wp.com/fintk2.com/wp-content/uploads/2016/08/new-microsoft-logo-SIZED-SQUARE-300x297.jpg?resize=300%2C297&ssl=1)
Microsoft has announced plans to buy back up to $40B in stock and boost its dividend by 8% to $0.39, the latest in a series of moves by the software giant to share a steady flood of cash with shareholders. The repurchase target is the same size as a buyback plan announced in 2013, which the company said it expects to complete by the end of this year. MSFT +1.6% premarket.