Google to split stock to keep power with founders Google improved its short-term finances even as it seeks to preserve its long-term interests. The online search leader reported a 61 percent increase in its net income for the first three months of the year and announced plans to issue a new class of stock to shareholders. The new shares won't have any voting power and will help Google's senior ... Google Stock Plan Irks Governance Watchdogs Google Inc. (GOOG) 's latest bid to preserve the control of founders Larry Page and Sergey Brin is raising concerns among corporate-governance watchdogs, who say the new stock structure cuts shareholders out of the loop. Google Splitting Stock, Applies for TLD Application Google released their Q1 2012 earnings report, which showed that the company had another great quarter. The search giant reported revenue of $10.65 billion for the quarter ending March 31, 2012, an increase of 24% compared to the $8.58 billion … Continue reading → Google Splitting Stock, Applies for TLD Application is a post from: SiliconANGLE We're now available on the Kindle! Subscribe today . Google's Stock Split: Good For Shareholders? MOUNTAIN VIEW, Calif.(TheStreet) - Google's decision to offer an unusual stock split last night left some scratching their heads. The decision may not be such a bad thing, though. Google announced that it would be creating a new class of stock, effectively issuing a stock split that is "designed to preserve the corporate structure that has allowed Google to remain focused on the long term." On ... Google Being Evil: That Stock Split Explained Google's stock split will leave the company with a three tier share structure. High voting shares, voting shares and no voting shares. A basic description of what's going on is here and an interesting discussion of why it may well be a bad business decision here. Google Split Stock To Keep Power With Founders NEW YORK (AP) — Google improved its short-term finances even as it seeks to preserve its long-term interests. The online search leader reported a 61 percent increase in its net income for the first three months of the year and announced plans to issue a new class of stock to shareholders. Google stock split helps Page, Brin maintain grip By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc(GOOG.O) announced a stock split designed to preserve the control of co-founders Larry Page and Sergey Brin over the world's No. 1 Web search engine, ... Google proposes stock split as profit soars Google delivered a double-shot of good news to investors, announcing soaring profits and plans for a long-desired stock split that will make its shares easier to trade. Google's Founders Wield Plans To Retain Control After Stock Split While Google's Q1 2012 earnings were mostly a happy affair with strong revenue and profit growth, the main highlight of the earnings announcement was the new proposed stock structure, through which the founders aim to increase and maintain their control over the company. Google to split stock through new class of shares Google Inc. plans to split its stock 2-for-1 to preserve its leadership's control over the company and maintain its long-term focus.
Key Words: google stock
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Friday, April 13, 2012
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