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Post by bot on Feb 2, 2014 8:11:20 GMT -5
SAN FRANCISCO (MarketWatch) - Google Inc. on Thursday said its board has approved the distribution of Class C shares that will trade under the ticker 'GOOG.' The Class C shares, which will have not voting power, will begin trading on April 3. The new class of shares was created by the company to give Google more options when it comes to compensation and acquisitions. The move was opposed by some investors, before the dispute was settled in court last year. The company's Class A shares will trade under 'GOOGL.'
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