worldspy -
12.04.12 23:09
Google just announced plans for a new stock structure, which effectively creates a 2-for-1 stock split.Every shareholder will get a non-voting share of Google stock which will be listed on the NASDAQ.
Google will basically have two types of stocks trading on the NASDAQ. It will have an "A share" which is the stock with voting powers, and a "C share," which doesn't have voting powers.
Google is doing this so that its founders can maintain control over the company, while still paying out equity based compensation.
This was a much more common maneuver years ago. mehr bei businessinsider.com
