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It is a big deal, but they aren't splitting their class A shares. Class B was introduced to make shares more affordable to people who wanted to invest, but wan
by irrelative 17y ago
It is a big deal, but they aren't splitting their class A shares. Class B was introduced to make shares more affordable to people who wanted to invest, but wanted a lower entry point. I think splitting the B stock is keeping with that sentiment.
- javery 17y agoI believe Class B wasn't introduced for that reason, if I remember correctly it had something to do with people with Class A needing to divide stock to leave it in their will or as gifts.