SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Alphabet Inc. (Google)
GOOGL 307.16+1.6%Dec 19 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Glenn Petersen2/1/2022 4:30:36 PM
3 Recommendations

Recommended By
E_K_S
Frank Sully
Sr K

  Read Replies (2) of 15857
 
Google parent Alphabet announces 20-for-1 stock split

PUBLISHED TUE, FEB 1 20224:19 PM EST
UPDATED 2 MIN AGO
Jordan Novet @JORDANNOVET
CNBC.com

Google parent Alphabet announced plans for a 20-for-1 stock split on Tuesday as part of the technology company’s quarterly earnings statement.

The move comes a year and a half after Apple said it would split its stock.

Alphabet intends to split the Class A, Class B and Class shares of the stock, according to the earnings statement.

In 2012, Google added a third class of shares, Class C, with no voting rights. The company already had Class A shares, which carry one vote per share, and Class B shares, which are held closely by founders and early investors and carry 10 votes. The company maintained this stock structure through its 2015 rebrand to Alphabet.

Shares of Alphabet stock have become expensive, at over $2,750 each at the time of market close on Tuesday.

This is breaking news. Please check back for updates.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News