Google Stock Split

What, Google announces a stock split … and the price goes down?

Down $15 as of this writing.

It appears that Google plans to issue non-voting stock going forward.  The intention is to allow management to maintain control.

This is a 2-1 stock split that creates one of largest block of non-voting shares.  Technically , it is a stock dividend.  And there has been no date published.

Oh by the way, earnings were also announced.

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