GOOG shares are Class C shares that confer no voting rights. ... Google's parent company, Alphabet, announced a 20-for-1 stock split in February 2022.Overview · GOOG · GOOGL · Which Is a Better Investment?
Which Google stock is splitting Class A or C?
This stock split was performed as a special dividend, giving shareholders one brand-new Class C share for each Class A or Class B stub they already owned. The Class C stock carried on under the old GOOG ticker and Class A moved over to the new GOOGL symbol.
Which Google stock is splitting GOOG or GOOGL?
In order to guarantee that the company's founders would retain control of the company, Google split its publicly traded stock into two: Class A GOOGL shares and Class C GOOG shares. The strategy behind the move is simple: owners of GOOGL stock would have one vote per share, whereas owners of GOOG have no voting rights.