Google has announced a stock split via a stock dividend, a move designed to increase the accessibility of its shares to a broader investor base. The decision will effectively double the number of outstanding shares of the company.

Details of the Stock Split

The stock split will be implemented through a dividend of one share for each share held. This means that current shareholders will receive an additional share for every share they already own, effectively doubling their holdings.

Rationale Behind the Split

The primary motivation behind the stock split is to make Google’s stock more affordable and attractive to individual investors. A lower per-share price can reduce barriers to entry, allowing more people to invest in the company.

Impact on Shareholders

While the number of shares held by each investor will double, the overall value of their investment will remain the same immediately following the split. The market capitalization of Google will not be affected by the split itself.

Potential Benefits

• Increased liquidity of the stock
• Wider distribution of ownership
• Potential for increased demand due to lower price

The stock split is subject to customary approvals and is expected to be completed in the near future. Google believes this move will benefit both the company and its shareholders in the long term.