Will Alphabet Do a Stock Split in 2018?
Stock splits have become much less frequent than they were in years past, and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) was one of the first major companies to defy the previous convention of splitting shares when stock prices headed into triple digits. Yet Alphabet does have one stock split in its 13-year history as a publicly traded stock, and investors who like to see such moves as a sign of a company's confidence in its future wonder whether the tech giant might do so a second time. Now that Alphabet's stock price has moved convincingly above the $1,000-per-share mark, some see the likelihood of a stock split having gone up. Below, we'll look at the case for an Alphabet stock split in 2018 as well as some of the factors that could go into such a decision.
Alphabet has only split its shares once since the company's 2004 IPO. The move took a long time to complete, with the tech giant initially proposing the move in 2012 but only executing on the split after a couple of years.
Alphabet is best-known for its Google search engine subsidiary. Image source: Alphabet.
Source: Fool.com
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