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Google's GOOG shares shareholders do not have the right to vote, it is being traded at $1,236 per share, while GOOGL shares have the right to vote, it is being
by dis-sys 7y ago
Google's GOOG shares shareholders do not have the right to vote, it is being traded at $1,236 per share, while GOOGL shares have the right to vote, it is being traded at $1,241 per share, that 0.5% difference is the market pricing of the right to vote.
- robrenaud 7y agoIn the context of GOOG vs GOOGL, the voting rights are basically moot. Larry and Sergey's super shares dominate the votes anyway. https://www.fool.com/investing/2018/01/18/why-alphabet-investors-dont-care-about-voting-righ.aspx https://www.fool.com/investing/2018/01/18/why-alphabet-inves...
- Canada 7y agoI'm not familiar with the particulars of the Google situation, but in any case you're right. A proper share does not require the holder be entitled to vote. What matters is that the share is the property of its owner. It's not merely a contract, like an option to purchase shares in the future, or employment, or an agreement to be paid royalties or profit. A share is property that is owned in perpetuity or until the corporation is dissolved. It can be bought and sold as though it is just another thing. If Huawei wants to redefine that then we have to evaluate what a corporation is and what is even means to be an "owner" of such a thing.
- hayd 7y ago"which are canceled when an employee leaves the company" This however makes for quite a big difference. How the hell do you sell the damned things? If you accrue many "shares" what's to stop you being fired to nullify them? Hard to see these as valuable without a secondary market and maybe with no liquidity at all...