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Jul 18, 2022 · Alphabet (GOOGL) split its two classes of shares (GOOG) by a 20-to-1 margin, a move that reduced the price of one share from just over $2,200 on Friday to about $110 on Monday. The stock split ...
- 2 min
Jun 2, 2022 · Alphabet's (GOOGL-1.60%) (GOOG-1.65%) highly anticipated stock split is one step closer to reality. At the company's annual meeting on June 1, shareholders approved the measure, setting the stage ...
- Danny Vena
- The Details
- Does That Mean A Stock Split Is A Good Thing?
- Does That Mean Alphabet Stock Is A Buy?
The parent company of Google said this week that its board of directors had approved a 20-for-1 stock split. This will take place in the form of a special dividend, which will be subject to shareholder approval. Assuming Alphabet investors approve the measure, shareholders of record as of Jul. 1, 2022, will receive an additional 19 shares of stock ...
A quick review of the example provided above shows that the total valueof their shares doesn't change. One share of Alphabet stock priced at $3,000 is worth the same amount as 20 shares worth $150 (20 x $150 = $3,000). The pizza analogy is probably the best way to illustrate this. When you buy a pizza, it doesn't matter if you cut it into 10 slices...
While the stock split in and of itself doesn't signal that Alphabet stock is a buy, there are plenty of other reasons to invest in the search giant. Investors need to look no further than the company's blockbuster fourth-quarter report. Alphabet generated revenue of $75.3 billion, an increase of 32% year over year. Perhaps even more impressive was ...
- Danny Vena
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What is the reason for the stock split?
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Feb 2, 2022 · What that means is the split makes GOOG stock more accessible for retail investors like you and me. Currently, GOOG stock is sitting right around $3,000 per share, which makes buying even one ...
Feb 2, 2022 · The last time something similar occurred for GOOG was in 2014 when it announced a two-for-one stock split. The strategy, which is due for completion in July, will bring GOOG's share price to a ...
Feb 4, 2022 · Find out why GOOG stock is splitting. ... It also announced a 20-for-1 stock split to improve access to retail investors. We discuss whether there are any changes to Alphabet's underlying thesis.
Jul 12, 2022 · Amazon.com Inc. (AMZN) 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 ...
