Google stock split wins approval; CEO loses voice
Included in Google's Q1 earnings statement last April was a letter expressing the company's desire to split its stock, but in a way that is slightly unusual. Today at its annual shareholder meeting, Google stockholders approved the split. Instead of a standard 2-for-1 split, the company wants to give existing shareholders one extra non-voting share instead of two regular, voting shares. This kind of stock split would ensure that current shareholders would maintain their current levels of voting power — and the majority of voting power sits with Larry Page and Sergey Brin, who combined control 56 percent. In other words, it's not a surprise at all that the motion passed. Last April, Page and Brin defended the move by saying that "this... Continue reading…
Google stock split wins approval; CEO loses voice
(AP) — Google shareholders gave CEO Larry Page what he wanted Thursday by approving an unconventional stock split meant to cement his authority, but he wasn't around to hail the victory.
Fri 22 Jun 12 from Phys.org
Google stock split wins approval; CEO loses voice, Thu 21 Jun 12 from USA today
What's wrong with Google's Larry Page?
Google will kick off its annual I/O developers' conference Wednesday in San Francisco, but CEO Larry Page won't be speaking there. He also was a no-show at Thursday's annual stockholders meeting ...
Mon 25 Jun 12 from CNN
Google CEO loses voice, skips shareholder meeting
SAN FRANCISCO (Reuters) - Google Inc Chief Executive Larry Page sat out his company's annual shareholders' meeting on Thursday due to an unspecified condition affecting his voice that will sideline ...
Thu 21 Jun 12 from Reuters Technology
Google shareholders approve stock split leaving power with co-founders
Included in Google's Q1 earnings statement last April was a letter expressing the company's desire to split its stock, but in a way that is slightly unusual. Today at its ...
Thu 21 Jun 12 from The Verge
Google shareholders approve unusual stock split
SAN FRANCISCO (AP) -- Google shareholders have approved an unconventional stock split that will ensure that the company's co-founders remain in control....
Thu 21 Jun 12 from AP
Google CEO loses voice, misses annual meeting
SAN FRANCISCO (AP) -- Google CEO Larry Page is missing Thursday's annual shareholders meeting because he has lost his voice....
Thu 21 Jun 12 from AP
What's up with Google's plan to split its stock
NEW YORK (AP) -- Google's shareholders are expected to approve on Thursday the company's plan to issue a new class of stock. Google's co-founders, Larry Page and Sergey Brin, and Executive ...
Thu 21 Jun 12 from AP
Google chief Larry Page to miss annual developers' conference
Larry Page, Google's chief executive and co-founder, is to miss I/O, the company's annual developers' conference, next week because he has lost his voice.
Fri 22 Jun 12 from Telegraph.co.uk Tech
At Google's Annual Meeting, Silence From Larry Page
Google's co-founder and chief executive, Larry Page, is generally a man of few words. He had even fewer of them Thursday -- none, to be exact -- when a voice ailment compelled him to skip the ...
Thu 21 Jun 12 from Bits NY Times
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