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
/* Story Top Left 2010 300x250, created 7/15/10 */ google_ad_slot = "8340327155";

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.





This story may contain affiliate links.

Loading...

Find rare products online! Get the free Tracker App now.


Download the free Tracker app now to get in-stock alerts on Pomsies, Oculus Go, SNES Classic and more.

Latest News

Comments

The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
Luigi can be contacted directly at ml[@]i4u.com.

 

 

Advertisement

comments powered by Disqus