Microsoft has authorized a share buyback program that will see the company reacquiring $40 billion of its own shares, just over nine percent of the company. This is the fourth $40 billion buyback program launched by the company, which said that it will complete the first round by the end of this year. Microsoft's most recent buyback was first announced in 2013 and is scheduled to be completed by the end of 2016. The company's decision to buyback its shares is a move that will likely be popular with investors as it will raise share prices. Microsoft also announced that it… [Continue Reading]