How To Invest In Alphabet Stocks And Shares

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How To Invest In Alphabet Stocks And Shares

How To Invest In Alphabet Stocks And Shares

The largest firm in the group of companies that makes up Alphabet Inc. (GOOGL; GOOG) is Google. Google offers a variety of online products and services, such as its search engine, Chrome web browser, Android operating system, Gmail email service, cloud storage, YouTube streaming video, and other products. Additionally, it provides cloud computing capabilities via Google Cloud, enabling developers to create, test, and distribute apps. Beyond its main operations, Alphabet has a sector called Other Bets that comprises startup companies that generally make money through licensing, internet, TV, and research and development services. Additionally, it has made sizable investments in Waymo's self-driving cars and the Stadia cloud gaming platform.

Under the name Google Inc., Alphabet was initially established in 1998 as a search engine firm. Google issued shares of Class A common stock in an initial public offering (IPO) in 2004 and listed them on the Nasdaq Global Select Market with the ticker GOOG. In 2014, the firm then divided its equity. As a result, the business issued a new set of Class C shares that started trading on the Nasdaq Global Select Market under the ticker GOOG, while also renaming its Class A shares to GOOGL. The business underwent reorganization in 2015 and established the holding company known as Alphabet Inc. Since its creation, Google has expanded to become the most widely used search engine in the world, with an 87% market share. It has also greatly varied.

Google has split its stock once. Google announced on Feb. 1, 2022 that it will conduct another stock split. Alphabet has three classes of common stock.

K. Ram Shriram, an independent director of the firm, is the largest individual stakeholder of Alphabet's class A common shares. Shriram owned 64,112 GOOGL shares as of October 8, 2021, or roughly 0.01% of the company's outstanding shares.

Vanguard Group Inc. is the largest institutional stakeholder of Alphabet's class A common stock, holding 22.8 million shares, or 7.6% of all GOOGL shares outstanding, as per the company's 13F filing for the fiscal year ending June 30, 2021.

Larry Page, a co-founder and director of Alphabet, is the company's largest individual stakeholder of class C common stock. As of October 8, 2021, Page had 19.8 million GOOG shares, or nearly 3% of the company's outstanding stock.

Vanguard Group is the largest institutional investor of Alphabet's class C common stock, holding 21.3 million shares, or 6.6% of all outstanding GOOG shares, according to the company's 13F filing for the fiscal year ending June 30, 2021.

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