Sunday, March 16, 2025 | 07:44 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

For the masses: Google parent Alphabet offers 20-for-1 stock split

Google-owner's sales and profit top analysts' projections for holiday quarter

Photo: Bloomberg
Premium

Photo: Bloomberg

Jeran Wittenstein and Vivianne Rodrigues | Bloomberg
Alphabet is bringing big stock splits back to the market, so prospective buyers won’t need upwards of $3,000 to own a share. Taking down the price achieves something else for the Google parent: making it possible to put America’s third-biggest company into its most venerated stock average.

The company said late Tuesday it will increase its outstanding shares by a 20-to-1 ratio, aiming to entice the numerous small investors who have flocked to the stock market during the pandemic. The shares jumped 7.71 per cent in early Wednesday trading in the US.

“The reason for the split is it makes

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in