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Who is ready for the Google stock split Thursday?

Posted on 4/1/14 at 2:45 pm
Posted by LSUneaux
NOLA
Member since Mar 2014
4486 posts
Posted on 4/1/14 at 2:45 pm


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.)
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 4/1/14 at 2:58 pm to
huh?
Posted by LSUneaux
NOLA
Member since Mar 2014
4486 posts
Posted on 4/1/14 at 3:13 pm to
Do you even google stock, bro?

LINK
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3789 posts
Posted on 4/1/14 at 4:25 pm to
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?
Posted by LSURussian
Member since Feb 2005
126960 posts
Posted on 4/1/14 at 4:34 pm to
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.....
Posted by LSUneaux
NOLA
Member since Mar 2014
4486 posts
Posted on 4/3/14 at 10:43 am to
Looks like it is going according to plan. Prices nearly synching up for GOOG and GOOGL. I was concerned about this.
Posted by Boudin
Lafayette
Member since Oct 2006
10133 posts
Posted on 4/3/14 at 10:50 am to
Should be getting into GOOGL, right?
Posted by LSUneaux
NOLA
Member since Mar 2014
4486 posts
Posted on 4/3/14 at 11:26 am to
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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