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geekerati Google elgooG


Joined: 17 Jan 2005 Location: Deep in the heart. 21217.12 GC$
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Posted: Fri Feb 18, 2005 1:49 am Post subject: Google founders trim holdings |
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Google founders trim holdings
By Bloomberg News
February 16, 2005
| Quote: | Google Inc. co-founders Larry Page and Sergey Brin each have sold 2.3 percent of their holdings in the company since its initial public offering in August.
Page owned 37.7 million shares of Google, the most-used search engine, as of Dec. 31, while Brin owned 37.6 million shares, according to regulatory filings today. That compares with Page's holding of 38.6 million shares and Brin's holding of 38.5 million shares before the IPO, according to Securities and Exchange Commission filings.
The total holdings reported for Page and Brin include their Class A shares and Class B stock, the company said in filings with the SEC. The filings assume the conversion of the co- founders' Class B stock into Class A shares, the company said.
Google spokesman Steve Langdon declined to comment.
Google's Class B shares, which are mostly owned by the company's two founders, directors, executives and other employees, have 10 times the voting rights of Class A shares.
Shares of Google rose $2.24, to $195.23, in Nasdaq Stock Exchange composite trading. |
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BeTimeBuilder Junior Googler

Joined: 28 Jun 2005
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Posted: Wed Aug 03, 2005 11:13 pm Post subject: |
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Google Inc. co-founders Larry Page and Sergey Brin each have sold 2.3 percent of their holdings in the company since its initial public offering in August.
Page owned 37.7 million shares of Google, the most-used search engine, as of Dec. 31, while Brin owned 37.6 million shares, according to regulatory filings today. That compares with Page's holding of 38.6 million shares and Brin's holding of 38.5 million shares before the IPO, according to Securities and Exchange Commission filings.
Cash out.... cash out.....Cash out.... cash out.....Cash out.... cash out.....  _________________ ... |
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