Define: Alphabet Stock

Alphabet Stock
Alphabet Stock
What is the dictionary definition of Alphabet Stock?
Dictionary Definition of Alphabet Stock

Alphabet Stock refers to the stock of Alphabet Inc., the multinational conglomerate that was created through a corporate restructuring of Google on October 2, 2015. Alphabet Inc. is the parent company of Google and several other businesses, and its stock is traded on the NASDAQ stock exchange under the ticker symbols GOOGL and GOOG.

Full Definition Of Alphabet Stock

Alphabet stock refers to a class of stock issued by Alphabet Inc., the parent company of Google. This class of stock is divided into two categories: Class A and Class C. Class A shares carry one vote per share, while Class C shares do not carry any voting rights.

The creation of Alphabet stock was a result of a corporate restructuring in 2015, where Google Inc. became a subsidiary of Alphabet Inc. This restructuring aimed to separate Google’s core internet business from its other ventures, allowing for more focused management and accountability.

Investors holding Alphabet stock have the option to choose between Class A and Class C shares. Class A shares are primarily held by insiders, such as founders, executives, and early investors, while Class C shares are typically available to the general public. The main difference between the two classes is the voting rights associated with Class A shares.

Alphabet stock is traded on major stock exchanges, and its performance is subject to market conditions and the overall financial health of the company. Shareholders of Alphabet stock are entitled to dividends, if declared by the company’s board of directors, and have the right to participate in corporate actions, such as mergers or acquisitions.

It is important for investors to carefully consider the terms and conditions associated with Alphabet stock before making any investment decisions. This summary provides a general overview of Alphabet stock, but specific details and legal implications can be found in the company’s public filings and shareholder agreements.

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This glossary post was last updated: 29th March 2024.

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