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Will Alphabet (Google's new holding company) be traded under its own ticker?

Posted on 8/11/15 at 11:30 am
Posted by Street Hawk
Member since Nov 2014
3460 posts
Posted on 8/11/15 at 11:30 am
With Google's new reorg and the creation of a new holding company Alphabet, will the holding company's stock be traded also? If so, will they have to do an IPO?


Edit: Never mind. I just read their blog announcing the change. Here's an excerpt:

"Alphabet Inc. will replace Google Inc. as the publicly-traded entity and all shares of Google will automatically convert into the same number of shares of Alphabet, with all of the same rights. Google will become a wholly-owned subsidiary of Alphabet. Our two classes of shares will continue to trade on Nasdaq as GOOGL and GOOG."
This post was edited on 8/11/15 at 11:34 am
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