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What is Google's 20-for-1 stock split?
For the second time in its history Google’s parent company, Alphabet GOOGL GOOG, is set to split its stock. The 20-for-1 split means Alphabet investors will receive an additional19 shares for each one they already own. It will be the company's first stock split since April 2014, when it split its shares 1,998-for-1,000.What does alphabet's 20-for-1 stock split mean for You?
What Alphabet's 20-for-1 split means for you Google parent Alphabet announced a 20-for-1 stock split. Here’s what that means and how it will impact investors Alphabet this week announced that its board approved a 20-for-1 stock split, meaning that shares of the Google parent company will soon be trading at a much cheaper price.When does a company undergo a stock split?
A company usually undergoes a stock split when the price of its shares has gotten very high. If a company whose shares cost $1,000 apiece underwent a 2-for-1 stock split, the overall amount of shares would double while the price of each share would drop to $500.How do I participate in the GOOG & GOOGL stock split?
In order to participate in the split, one must own GOOG or GOOGL stock on July 1. GOOG and GOOGL will be undergoing a huge 20-to-1 stock split with this upcoming event. This means for every one share of GOOG or GOOGL stock one owns, they will receive another 19 shares on July 15.