These ticker symbols now refer to Alphabet Inc., Google's holding company, since the fourth quarter of 2015. Today the company is listed on the NASDAQ stock exchange under the ticker symbols GOOGL and GOOG, and on the Frankfurt Stock Exchange under the ticker symbol GGQ1. A shares get one vote, C shares get none and B shares get 10 votes.Īfter the stock split both stocks continued to break records and hit all time highs.

Class B shares are owned by Brin, Page, Schmidt, and some other directors. The other half are Class A which do get voting rights. Except: unlike a normal stock split, half of the shares were a new class of shares called Class C. If someone owned one share of Google they would now get two shares of Google stock, and the price of each share will be half the price of the current shares. So on ApGoogle created an entirely new class of share and issued them to shareholders as a type of stock dividend.

They wanted to try and avoid what was happening at Yahoo in 2014, where an activist shareholder got upset and tried to install its own board members and influence strategy. The three people who ran Google - cofounder and CEO Larry Page, cofounder Sergey Brin, and chairman and former CEO Eric Schmidt - wanted to make sure they would have control of the company for a long time. However it rebounded and slowly grew again until the next major milestone in the history of Google’s stock price happened. The stock price crashed back down below $150 during the stock market crash of 2008.

Surging to $350 on Octoas Google’s dominance in the advertising market began to grow. Google’s stock price performed positively after the IPO.

Zoom stock split