Google Press Meeting Part 3 – Stock Split
Thereâ€™s a lot of great reports coming from Googleâ€™s annual press and shareholder meeting, held yesterday at the Googleplex. To make it a little easier to digest, weâ€™re going to break it down into four parts for you. Hereâ€™s part three, you can also read part one, part two and part four.
Despite Google’s stock price breaking $500 and hanging around in the mid-$400 range, Google told reporters and journalists that they have no plans for a stock split.
About the only letdown during the 75-minute session came when Google Chairman Eric Schmidt said the company has no plans to split its stock, reiterating a stand that the board has consistently taken. The question comes up frequently because of Google’s lofty stock price, which finished Thursday at $461.47.
I’ll meet you back here in 2017 and we’ll see if we’ve reached the $5000 per share price!