GOOG News - Alphabet Inc. Cl C Company News & Press Releases - MarketWatch

The sale of 1. The three people who ran Google -- cofounder and CEO Larry Page, cofounder Sergey Brin, and chairman and former CEO Eric Schmidt -- wanted to make sure they would have control of the company for a long time. They wanted to try and avoid what was happening at Yahoo in , where an activist shareholder got upset and tried to install its own board members and influence strategy.

So on April 2, Google created an entirely new class of share and issued them to shareholders as a type of stock dividend. If someone owned one share of Google they would now get two shares of Google stock, and the price of each share will be half the price of the current shares.

GOOG : Summary for Alphabet Inc. - Yahoo Finance

Essentially a 2 for 1 stock split. Which did not carry any voting rights.

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The other half are Class A which do get voting rights. Class B shares are owned by Brin, Page, Schmidt, and some other directors. A shares get one vote, C shares get none and B shares get 10 votes.

How to Buy Google Stock, and Why You Should -- The Motley Fool

After the stock split both stocks continued to break records and hit all time highs. Today the company is listed on the NASDAQ stock exchange under the ticker symbols GOOGL and GOOG, and on the Frankfurt Stock Exchange under the ticker symbol GGQ1. These ticker symbols now refer to Alphabet Inc. Markets Stocks Indices Commodities Currencies Mutual Funds ETFs Bonds News. Stocks Finder Market Movers Index Constituents Dividends.

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Marissa Mayer, Yahoo's ex-CEO, says she's looking 'forward to using Gmail again' YHOO, VZ, GOOG, GOOGL Business Insider 7d. Alphabet C ex Google. Add to this Portfolio.