Microsoft May Use Its New $8B War Chest For Buybacks – ValueWalk Premium
Microsoft surface book 2

Microsoft May Use Its New $8B War Chest For Buybacks

On December 3, Microsoft Corporation (NASDAQ:MSFT) made a dual-currency debt offering comprising of $3.25B in US dollar bonds and 3.5B in euro bonds. At an aggregate value of $8B, this was the largest such issue made after November 2001, when AT&T Inc. (NYSE:T) issued bonds worth $10.1B.

According to a filing, the company plans to use the proceeds for “general corporate purposes.”
Potential utilization
That is a pretty wide-ranging term, but Bernstein Research analysts Mark L . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0