Luka-Step-Back t1_j2bhndu wrote
Reply to comment by james_burdiglio in Google bought back 1.9 billion shares at $156 billion) but only shrank share count by 1.2% due to stock-based compensation. by [deleted]
Voting rights and ownership are two distinctly different things, but you’re incorrect if you think the Class A shares of Google(GOOGL) don’t impart either.
Class B shares are held by the founders and have 10X voting rights of Class A shares.
Class C shares confer the same ownership as Class A shares, but do not have any voting rights.
Either way, the collective ownership structure of the business ultimately decides how cash flows are allocated.
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