Google co-founder Larry Page (Larry Page) and Sergey Brin (Sergey Brin) latest plan shows, each prepared to sell up to 500 million shares of Google common stock.
Google's most recently filed regulatory documents show that Page and Brin will be phased over the next five years to sell these shares. Google's current stock price according to the calculation, 1,000 shares of common stock worth about 5.5 billion.
At present, the Page and Brin together hold 5770 shares of Google common stock, currently worth about 31.7 billion U.S. dollars, accounting for 18% of the total outstanding shares, with 59% of the voting rights.
The sale of these shares after five years, after all, the two will together hold 4770 shares of Google common stock, Google accounts for about 15% of the total ordinary shares, but the voting rights will fall to 48%, in theory, lose the Google absolute control over it.
In fact, the sale of shares, the Page and Sergey Brin Google is still the largest shareholder, but the results of shareholder meeting to vote on the influence will decrease.
According to last week, Google released the fourth quarter of 2009, reported that its first-quarter profits of nearly 20 billion dollars. Google for the quarter sales of 6.7 billion U.S. dollars, an increase of 17%.
Google CEO Eric Schmidt said the search should be the increase in the number one mobile service, the user is rapidly move to mobile devices, mobile revenue in 2010 will be a year of substantial growth. Google plans to acquire at least once a month, a few large companies bought more to buy small companies.
