Google Shares
Author
Discussion

NorthDave

Original Poster:

2,541 posts

262 months

Thursday 3rd April 2014
quotequote all
Hi

Can someone explain to me how the Google share split works? It seems to me when I look at my online trading account my £1000 of Google shares is now worth £500?

Is the process complete and I have to take the spilt on the chin or have I more stock to come or a dividend on its way?

I know I should have a better understanding of this stuff! Hoping the web has yet to update or something! Otherwise I've just lost a chunk of cash!

vescaegg

30,455 posts

197 months

Thursday 3rd April 2014
quotequote all
Do you not have twice the number of shares than before?

NorthDave

Original Poster:

2,541 posts

262 months

Thursday 3rd April 2014
quotequote all
Not yet but I believe (after a couple of phone calls) they are due to be released after the 8th April.

Phew!

Revisitph

983 posts

217 months

Thursday 3rd April 2014
quotequote all
You could Google it...

twinturboz

1,278 posts

208 months

Thursday 3rd April 2014
quotequote all
Basically the shares were split into voting shares (class A) and those with non voting rights (class C)

So assuming you had 500 google shares you should as of today have 500 GOOG shares (class C), although half the valve and another 500 GOOGL shares (class A)

In theory together they should add up to the same original value.

In the event that the non voting shares end up lower than the class A shares by this time next year, Google have kindly agreed to pay you a portion of the difference

K12beano

20,854 posts

305 months

Friday 4th April 2014
quotequote all
Revisitph said:
You could Google it...
No you "Goo" it if you have voting rights or "gle" it if you don't.....