Who is ready for the Google stock split Thursday? | TigerDroppings.com

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LSUneaux
New Orleans Pelicans Fan
NOLA
Member since Mar 2014
494 posts

Who is ready for the Google stock split Thursday?




A weird one at that. I've read some people plan on selling their Class C share (new GOOG) and rebuying it as a share of GOOGL. (Today's GOOG will soon become GOOGL and the new class of shares will use the four-letter ticker.)







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Mr.Perfect
Louisiana
Member since Mar 2013
4764 posts

re: Who is ready for the Google stock split Thursday?


huh?





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LSUneaux
New Orleans Pelicans Fan
NOLA
Member since Mar 2014
494 posts

re: Who is ready for the Google stock split Thursday?


Do you even google stock, bro?

LINK






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LSUtigerME
LSU Fan
Walker, LA
Member since Oct 2012
583 posts

re: Who is ready for the Google stock split Thursday?


Help me out...

What happens to the stock I already own? Do I get shares of both, 1:1? Or only a 2:1 of the Class C shares?






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80707 posts
 Online 

re: Who is ready for the Google stock split Thursday?


quote:

Help me out...

What happens to the stock I already own? Do I get shares of both, 1:1? Or only a 2:1 of the Class C shares?

You probably need to Google that.....






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LSUneaux
New Orleans Pelicans Fan
NOLA
Member since Mar 2014
494 posts

re: Who is ready for the Google stock split Thursday?


Looks like it is going according to plan. Prices nearly synching up for GOOG and GOOGL. I was concerned about this.





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Boudin
USA Fan
Lafayette
Member since Oct 2006
9196 posts

re: Who is ready for the Google stock split Thursday?


Should be getting into GOOGL, right?





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LSUneaux
New Orleans Pelicans Fan
NOLA
Member since Mar 2014
494 posts

re: Who is ready for the Google stock split Thursday?


If you care about voting, yes GOOGL. I now have one share of each, but I might sell my GOOG, because I'm not sure if the risk of the prices of the two separating is over yet. FYI if they do separate more than 1% after a year, GOOG shareholders are entitled to cash compensation to make up the difference. Why bother if you are buying today? Just get the GOOGL and be done with it.





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