Google splits into GOOG and GOOGL today
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Google splits into GOOG and GOOGL today
1–10 of 151 posts
Re: Google splits into GOOG and GOOGL today
#2"The much-awaited Google 2-for-1 stock split is finally happening on Wednesday when shareholders of record as of March 27 will get two shares for every one they owned."
Out of curiosity what happens if you bought shares on March 28th? Does your stock price just go to $600 or can you petition Google to have the new Class C shares issued to you to make up the loss in price?
Re: Google splits into GOOG and GOOGL today
#3Does this imply that GOOG and GOOGL shares will have prices that will move independently going forward? This should be interesting to watch.
Re: Google splits into GOOG and GOOGL today
#4Does this imply that GOOG and GOOGL shares will have prices that will move independently going forward? This should be interesting to watch.
Yes, the $GOOGL and $GOOG stock will have independent prices.
Re: Google splits into GOOG and GOOGL today
#5"The much-awaited Google 2-for-1 stock split is finally happening on Wednesday when shareholders of record as of March 27 will get two shares for every one they owned." Out of curiosity what happens if you bought shares on March 28th? Does your stock price just go to $600 or can you petition Google to have the new Class C shares issued to you to make up the loss in price?
I'm assuming those people would just get their extra shares after a few days of extra delay.
Re: Google splits into GOOG and GOOGL today
#6Does this imply that GOOG and GOOGL shares will have prices that will move independently going forward? This should be interesting to watch.
Yes, and Google has committed to pay an extra dividend if the prices diverge too much, because laws.
Re: Google splits into GOOG and GOOGL today
#7"The much-awaited Google 2-for-1 stock split is finally happening on Wednesday when shareholders of record as of March 27 will get two shares for every one they owned." Out of curiosity what happens if you bought shares on March 28th? Does your stock price just go to $600 or can you petition Google to have the new Class C shares issued to you to make up the loss in price?
NASDAQ made the situation a little more complicated by reporting GOOG as the price of the Class A share (soon to be GOOGL) plus the price of the right to have a Class C share distributed to you. My brokerage linked me to this FAQ: http://nasdaqtrader.com/content/GOOGfaqs.pdf
Re: Google splits into GOOG and GOOGL today
#8So... this is an April Fool's joke, right?
Re: Google splits into GOOG and GOOGL today
#9There seems to be a push to diversify and expand Google's income recently. Google Play Music All Access, Google Helpouts (20% cut), this stock change, Google fiber (while competitively priced, I expect there will be long-term profits), Google Glass, etc.
I have been noticing this and assume it's meant to help them fund their robotic and autonomous car projects. These are likely capital-intensive segments of the company.
Re: Google splits into GOOG and GOOGL today
#10So... this is an April Fool's joke, right?
no. april fools was yesterday, and this has been extensively reported over the last few months.