Google stock split will give its employees flexibility as they can buy and sell shares that are vested to them in smaller proportions. If you are an individual owning a google stock, the Google stock split is not creating any administrative burden. The new shares will be credited to your account automatically.
What was the ratio of the Google stock split in July 2022?
In July 2022, a stock split of 20:1 was completed for Google Inc. which was announced earlier in February this year. This Google stock split was managed by Alphabet Inc. which is the conglomerate holding company of Google. Google has three classes of shares but the stock split was for class A (GOOGL) ordinary shares.
How many classes of shares does Google have?
Google has three classes of shares but the stock split was for class A (GOOGL) ordinary shares. Voting rights are associated with class A while, not for class C shares. Class B shares are not traded and are owned by the company’s founders.
