Game Theory and What the Google Split Means to You

April 3, 2014 is the first day of Google shares trading in two classes.  One class, Google – A class, will trade under the ticker GOOGL.  These shares will have voting rights just like most stock that you might purchase.  Incidentally, these shares are the current stock that investors hold.  So if you own Google stock you will retain your right to vote in their shareholder meetings.  You will be switched to the new ticker and given an equal amount of shares in the new (but old ticker) GOOG class C shares.  These C class shares do not have any voting rights.

Charts Courtesy of Yahoo Finance

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