Google parent Alphabet announces 20-for-1 stock split

Larry Page (L) and Sergey Brin (R), the co-founders of Google, at a press event where Google and T-Mobile announced the first Android powered cellphone, the T-Mobile G1. (Photo by James Leynse/Corbis via Getty Images)

James Leynse | Corbis Historical | Getty Images

Google parent Alphabet announced plans for a 20-for-1 stock split on Tuesday as part of the technology company’s quarterly earnings statement. Alphabet stock was up more than 7% following the news.

The move comes a year and a half…


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