Google completed a forward split of 20-for-1 on July 18, 2022
Alphabet the parent company of Google completed its second-ever Stock Split
Investors who owned shares of Google will receive 19 additional shares for every one share.
Trading will start at the split-adjusted price Monday, July 18. Buying a share on Monday will be much cheaper than it was on Friday, July 15 2022 but a single share will be a smaller piece of the company at the same time. The average price of a Google share was $2,240.00 at market close on Friday, July 15, 2022, with a 20-for-1 forward stock split, and an individual share price at market open on Monday, July 18, 2022, will be trading around $112.
Since the company was first made public in 2004, there has been only one other stock split, in 2014. Google is the latest in the wave of big companies splitting their stock. Apple, Amazon, Nvidia, and Tesla all have also split their stock since 2020, some for the first time in more than two decades. The next big stock split will be by GameStop, which announced the finalized details for its stock split on July 21. Tesla shareholders will vote on another potential split in August.