What's up with Google's plan to split its stock
Larry Page kicked off Google's earnings call today with a run-down of his statements in the Founders' Letter and some broad brushstrokes around the company's new stock structure, which will see Google create a new class of shares, effectively a two-for-one stock split for existing shareholders. As with the company's original two-class voting structure, Page today reiterated that this new structure is a sign of the company's long-term investment in its future, but not a signal that it is planning "any big acquisitions." It is also something of a bold statement on the part of Google -- possibly to show the company's confidence in its business in the run-up to Facebook's IPO, and to give its founders more control over how Google develops in the future.
What's up with Google's plan to split its stock
(AP) -- Google Inc. has announced plans to issue a new class of stock to existing shareholders, effectively splitting shares 2 to 1. It's an unusual approach that reflects a desire by Google's ...
Fri 13 Apr 12 from Phys.org
What's up with Google's plan to split its stock, Fri 13 Apr 12 from USA today
What's up with Google's plan to split its stock, Thu 12 Apr 12 from AP
Google proposes stock split as profit soars
Google on Thursday posted a quarterly profit of $2.89 billion and said its board is backing a proposal for a stock split.
Thu 12 Apr 12 from Phys.org
Google announces strong first quarter results, two-for-one stock split
Internet search giant Google has reported strong first quarter results culminating in a 60 percent increase in earnings year on year, as well as an unusual two-for-one stock split that will ...
Fri 13 Apr 12 from Techspot
Google stock split helps Page, Brin maintain grip
SAN FRANCISCO (Reuters) - Google Inc announced a stock split designed to preserve the control of co-founders Larry Page and Sergey Brin over the world's No. 1 Web search engine, asking investors ...
Thu 12 Apr 12 from Reuters Technology
Google plans stock split; results spur relief, Thu 12 Apr 12 from Reuters Technology
Google: Profit up 61%, stock split
Google on Thursday reported a 61% jump in profit and a 2-for-1 stock split.
Thu 12 Apr 12 from USA today
Google plans 2-for-1 stock split
The move will help the search giant maintain leadership's control over the company.
Thu 12 Apr 12 from USA today
Google's Page, Founders' Letter: 2-for-1 Stock Split An Investment For The Long Term, Not Big Acquisitions
Larry Page kicked off Google's earnings call today with a run-down of his statements in the Founders' Letter and some broad brushstrokes around the company's new stock structure, which will ...
Thu 12 Apr 12 from TechCrunch
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