Microsoft Corporation announced on Monday that it would be offering its shareholders a 2-for-1 common stock split. The move is subject to the approval of Microsoft's shareholders.

"Microsoft works to make our technologies broadly accessible to customers. Similarly, we aim to make our stock broadly accessible to individuals and this stock split should help achieve that objective," said Greg Maffei, CFO of Microsoft. "We're gratified that customers find our products compelling and innovative, and have rewarded the company and our shareholders with a strong stock price."