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Google’s parent company Alphabet announces 20-for-1 stock split

Updated: Aug 28, 2022

By Ayush Nigam

Alphabet’s recent announcement of a 20:1 stock split sent the ticker up by over 9%. The

quarterly earnings report of the Tech Giant approved the plans as an effort to make the

stocks more available.

This split would cover all three classes of stock; Class A (which is

traded in the market, 1 vote per share), Class B (held by founders and early investors, 10

votes per share) and Class C (no voting rights).

In the long run, a stock split does not inherently affect how a company performs in the market, but the widespread accessibility this provides investors may be a monumental change that was required; the price of the stock would go down from $2,752 to $137.64 after the move.

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