May 17, 2014

What Google’s Stock Split Means for You - WSJ.com

No, the halving of Google Inc.'s stock price Thursday and a new ticker symbol aren't mistakes on your screens.
Google's long-awaited two-for-one stock split, announced nearly two years ago, has finally arrived, a development that will help cement founders Larry Page's and Sergey Brin's control over the Internet search giant.
In a stock split, a company increases the number of shares outstanding while lowering the price accordingly. In this instance, Google's "Class "A" shares now trade under the GOOGL ticker symbol, while the newly created "Class C" shares trade under the GOOG symbol.

Read more...http://m.us.wsj.com/articles/BL-MBB-19074

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