Jumat, 13 April 2012

Google Will Apply For Shares

Mountain View - Corporate Internet giant, Google, made the announcement would make the division of shares in the near term. This plan will be made to maintain long-term financial interests.

Chairman of the board of directors of the online search company Google is reported that the increase in net profit gained 61 percent, for the first three months of 2012, and will issue new shares to shareholders.

Later, the new shareholders have no voting rights measures taken against Google, and Google will help senior leaders in the financial control goes to the company each year, starting from today.

Stock sharing plan will be carried out in June, based on the approval of the shareholders. Google shareholders today, will get a new Class C shares to be divided of shares held now. Will automatically divide half the price of Google stock effectively.

When division occurs, the value of the shares will be divided into two, so that half remains with the Class A shares and Class C shares of the rest are new.

Investors will have twice the number of shares than before, but the total value and voting rights will not be changed. In other words, 100 shares with a total value of U.S. $ 60,000 will be 200 shares at the same price. Class of shares will have its own ticker symbol. Effects on the two Class will be traded independently.

Google employees will be given shares of stock that have no voting rights, so that the full decisions are still located on existing shareholders. The same is applied to companies that buy Google shares.

These stock options will lower the price for each share, so that small investors can participate. Google's decision was announced on Thursday (12/4), making many investors objected because it wanted to exercise control over the company.

Without the changes, Google's senior leaders will eventually lose their voting rights. According to the CEO of Google, Larry Page and Sergey Brin, it would undermine 'our aspiration to Google in a very long period of time'.

"These types of investments such as this is not to make our weak hearts. Investors should also think about steps the company Google for the long term," they wrote in the letter post online. Google steps in addition to the stock distribution plan is focused on preparing the next product, the value of advertising, and the company plans to make a tablet computer-based Android operating system.

Google says that the company gets a revenue of USD 2.89 billion or U.S. $ 8.75 per share, in the first quarter. The value was increased from USD 1.8 billion or U.S. $ 5.51 per share, a year earlier.

Google's total revenue was USD 10.65 billion, an increase of 24 percent from $ 8:58 billion. After deducting commissions advertising, Google's revenue reached $ 8:14 billion in the latest quarter.

Google helped increase revenue 39 percent of the ads 'paid clicks'. However, text-based search ads declined by 12 percent at the same time Earlier in the year.

0 komentar:

Posting Komentar