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Microsoft names activist investor to board; declares dividend

  • Microsoft (MSFT) has named Mason Morfit, the President of activist investor ValueAct Capital, to its board and audit committee as part of a deal that was agreed in the summer.
  • Microsoft offered Morfit the board seat in August after ValueAct Capital bought a $2B holding in the company in April and began to agitate for change.
  • Microsoft also declared a quarterly dividend of $0.28 a share. The dividend is payable on June 12 to shareholders of record on May 15. The ex-dividend date will be May 13. (PR)
Comments (1)
  • Transcripts&10-K's
    , contributor
    Comments (692) | Send Message
     
    Great addition to the board.
    12 Mar, 07:12 AM Reply Like
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