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twitterReport boosts stock price
Monday, July 7, 2003 | 9:40 a.m.
REDMOND, Wash. -- Microsoft Corp. shares rose 98 cents, or 3.7 percent, to $27.43 and traded as high as $27.53 this morning on a report that the corporate giant may pay a special dividend.
The world's biggest software maker may consider paying its shareholders a dividend of more than $10 billion to reduce its $46 billion in cash, the Financial Times reported, citing a person close to the discussions.
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