Wednesday, June 23, 2021

Alphabet : Class A shares vs class C shares

Investors in Google’s owner, Alphabet Inc., would rather not have the right to vote these days. Class A voting shares of the Internet-search site have closed as much as 4.3% lower this month than Class C non-voting stock, according to data compiled by Bloomberg. The discount compares with an average premium of 1.3% since the C shares were introduced in 2014. Both classes are part of the S&P 500 Index. Google’s founders, Larry Page and Sergey Brin, together control more than 50% of Alphabet’s voting rights by owning Class B shares.

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