Brad Smith Vice Chair and President at Microsoft | Official website
Microsoft Corporation has acknowledged an unsolicited "mini-tender" offer from TRC Capital Investment Corporation. The offer, dated February 21, 2025, aims to purchase up to 300,000 shares of Microsoft's common stock at $391.00 per share in cash. This amount represents less than 0.01% of Microsoft's outstanding common stock.
Microsoft clarified that it is not associated with TRC and does not support the offer or its documentation. The company maintains a neutral stance on the matter and advises shareholders to seek current market quotations for their Microsoft shares. Additionally, shareholders are encouraged to consult with brokers or financial advisors, review the terms and conditions of the offer carefully, consider any potential changes TRC might make regarding pricing or conditions, and exercise caution.
The mini-tender offer is set to expire one minute after 11:59 p.m., New York City time, on March 24, 2025. However, TRC reserves the right to extend or terminate the offer before this date if certain conditions are met.