{"id":9006,"date":"2022-02-02T16:17:05","date_gmt":"2022-02-02T16:17:05","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/02\/02\/alphabet-announces-20-for-1-stock-split-to-boost-investor-accessibility\/"},"modified":"2022-02-02T16:17:05","modified_gmt":"2022-02-02T16:17:05","slug":"alphabet-announces-20-for-1-stock-split-to-boost-investor-accessibility","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/02\/02\/alphabet-announces-20-for-1-stock-split-to-boost-investor-accessibility\/","title":{"rendered":"Alphabet announces 20-for-1 stock split to boost investor accessibility"},"content":{"rendered":"

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What just happened?<\/strong> Google parent company Alphabet has announced a 20-for-1 stock split scheduled to go into effect this summer. If given the green light, each shareholder will receive a dividend of 19 additional shares of the same class stock they held at the close of business on July 1, 2022, to be awarded on July 15. <\/p>\n

The split, which has already been approved by the Board of Directors, will impact the company\u2019s class A, class B and class C stock, and is subject to shareholder approval.<\/p>\n

Should it come to fruition, it would be only the second time that Google has conducted a stock split. The company executed a two-for-one split in 2014 that created the class C stock with no voting power.<\/p>\n

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Google restructured under the Alphabet corporate umbrella<\/a> in 2015 and its share value has continued to swell. At the close of business yesterday, a single Alphabet share was worth $2,752.88. At such a high price, it becomes prohibitive for some investors to purchase entire shares rather than smaller fractions. A 20-for-1 split would bring the cost down to just $137.64 per share, making it much more attractive to casual investors or those just starting to build a portfolio.<\/p>\n

Share value in Alphabet is up more than eight percent on the news, trading at $2,975 as of this writing.<\/p>\n

Image credit: Kai Wenzel<\/a>, Ahmer Kalam<\/a><\/p>\n<\/p><\/div>\n