Google to Issue 5,300,000 Shares of Class A Stock
Google has announced that it is going to issue 5,300,000 shares of its Class A common stock.
Google has announced that it is going to issue 5,300,000 shares of its Class A common stock.
“This offering will partially meet the anticipated needs of index funds to purchase Google Class A common stock when Google is added to the S&P 500 Index at the close of trading on March 31, 2006”. [source]
The prospectus is available at:
Goldman, Sachs & Co.,
Prospectus Department,
85 Broad Street,
New York, NY 10004.
Tel: (212) 902-1000.
According to Google the proceedings from this offering will be used for general corporate purposes and acquisitions.
To checkout Google in Google Finance, click here.
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