Google Team | Investor

Investors won't lose anything, but the shares of Google's owner will plunge 20-fold. 

As we wrote earlier, Alphabet intends to split its shares in July 2022. Currently, the securities are worth more than $3,000, but due to the split they are going to be more affordable for investors. 

The board of directors of Alphabet, Google's parent company, has approved a 20:1 split of shares. The company plans to split all three classes of securities, A, B and C. Each investor on the share register as of July 1, 2022, will receive 19 additional shares after the close of trading on July 15.

As The Wall Street Journal notes, trading with the split amendment will begin July 18. Before that, however, the board's decision must be approved by the company's shareholders.

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