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Alphabet Shareholders Approve 20-for-1 Stock Split. Here's What Investors Need to Know.

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Alphabet Shareholders Approve 20-for-1 Stock Split. Here's What Investors Need to Know.: https://g.foolcdn.com/editorial/images/683025/a-young-person-sitting-on-a-couch-looking-at-a-smartphone.jpg

Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) highly anticipated stock split is one step closer to reality. At the company's annual meeting on June 1, shareholders approved the measure, setting the stage for its 20-for-1 stock split to take place next month.

If you're an Alphabet investor, no need to Google how the stock split will affect you. Read on for a quick refresher course on the mechanics of stock splits and what it means to you.

Image source: Getty Images.

Source Fool.com

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