Google Cuts Share Price

Posted: Aug 18 2004, 5:25am EST | by , Updated: Aug 10 2010, 2:49pm CDT, in News | Other Stuff


Google Cuts Share Price
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We wrote a story about the fact that the Google share price is to high. Now Google just announced a lower price range for its offering on the Google IPO site.

From the Google IPO announcement site:
"The offering price is now expected to be between $85 and $95 per share. As originally planned, Google expects to sell 14,142,135 shares of Class A common stock in the offering. However, in view of this new price range, the selling shareholders are reducing the shares they expect to sell to approximately 5.5 million shares, yielding a total offering of approximately 19.6 million shares."
Full Annoucement.

Still for my taste it is still to high. Read also a new story on Always-On about the Google Share Price.

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The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at




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