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Tech Industry

Short Take: Microsoft's stock splits

Microsoft announced that its Board of Directors approved a 2-for-1 stock split. Shareholders will receive one additional share for every share held on the record date of November 22. As of October 31, Microsoft had approximately 600 million shares outstanding. Upon completion of the split, the number will increase to approximately 1.2 billion shares outstanding. The additional shares will be mailed or delivered on or about December 6.

Microsoft announced that its Board of Directors approved a 2-for-1 stock split. Shareholders will receive one additional share for every share held on the record date of November 22. As of October 31, Microsoft had approximately 600 million shares outstanding. Upon completion of the split, the number will increase to approximately 1.2 billion shares outstanding. The additional shares will be mailed or delivered on or about December 6.