Microsoft buys back $40bn of its own shares

[Sealbhach]

Microsoft is ridding itself of its mountain of cash.

http://news.bbc.co.uk/1/hi/business/7630508.stm

Interesting times.


.

[smoker]

they obviously think it worth the gamble, though perhaps their shares are low because no one thinks the company has that great a future! :-)

[Sealbhach]

Well, if they get rid of all their cash, and sometime down the road the share price collapses... ding dong the witch is dead.

Whereas, if their share price collapsed, and they still had $40bn in cash, they could limp along for decades more, or buy something cool.

It will make them vulnerable to the vagaries of the stock markets.


.

[stinger30au]

im sure they have a master plan they are following...to what ends im sure will remain a mystery to all involved till it happens

[mike1234]

Maybe they're doing it to drive up the value of the stock. And maybe they're afraid of anyone getting a large share of the company. Just a guess. Look at what the stockholders did to Budweiser.

M.

[MaxIBoy]

I'm sure they have twice that much money sitting around somewhere.


Still, this is a very good time to deny them their profit. Build your own, people! Don't pay the Windows tax!