UPDATED: 2007-05-11 |
Google Press Meeting - Stock Split By: Andy Beal 2007-05-11 Theres a lot of great reports coming from Googles annual press and shareholder meeting... ...held yesterday at the Googleplex. To make it a little easier to digest, were going to break it down into three parts for you. Heres part three, you can also read part one and part two. Despite Googles 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 Googles lofty stock price, which finished Thursday at $461.47. Ill meet you back here in 2017 and well see if weve reached the $5000 per share price! Comments View All Articles by Andy Beal About the Author: Andy Beal is an internet marketing consultant and considered one of the world's most respected and interactive search engine marketing experts. Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian. You can read his internet marketing blog at Marketing Pilgrim and reach him at [email protected]. |
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