class a vs class c google | BTCC Knowledge

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Are Google shares Class A?

GOOGL shares are categorized as Class A shares. Class A shares are known as common shares. They give investors an ownership stake and, typically, voting rights. They are the most common type of shares. Google’s parent company, Alphabet, announced a 20-for-1 stock split in February 2022. The split took effect on July 15, 2022.

Why did Google create different share classes?

They created these different share classes in April 2014 so they wouldn't lose control of the company even if they ended up owning much less than 50% of the company's stock. Because GOOGL (class A) stock owners have voting rights, the shares tend to cost slightly more than GOOG (class C).

Is Google a Class C Stock?

In 2014, Google underwent an unconventional stock split that created a third common stock class. Google completed a 2-for-1 split of its public Class A stock and created a new Class C stock that had no voting rights whatsoever.

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