4 ms·
You're right.. Class A is traded publicly. Class B is what's owned by Sergey and Brin, and it has 10 votes per share (vs 1 vote per share for Class A), and allo
by rgbrenner 13y ago
You're right.. Class A is traded publicly. Class B is what's owned by Sergey and Brin, and it has 10 votes per share (vs 1 vote per share for Class A), and allows them to outvote all Class A shares.
- Spone 13y agoSergey and Brin or Larry and Page? ;)
- adventured 13y agoSchmidt also owns Class B shares. I believe at the time the B shares were issued, between Brin, Page, and Schmidt they held over 50% of voting control (it was something close to 20/20/10 on voting control). edit correction: "Mr. Page, Mr. Brin and Mr. Schmidt collectively already control 66 percent of the vote through special Class B shares." http://dealbook.nytimes.com/2012/04/16/stock-split-for-google-that-cements-control-at-the-top/ http://dealbook.nytimes.com/2012/04/16/stock-split-for-googl...