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Google Press Meeting Part 3 – Stock Split


There’s a lot of great reports coming from Google’s annual press and shareholder meeting, held yesterday at the Googleplex. To make it a little easier to digest, we’re going to break it down into four parts for you. Here’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!