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Alphabet Inc. 8-K Filing: Key Insights on Stock Structure & Corporate Events

$GOOG
Form 8-K
Filed on: 2024-10-17
Source
Alphabet Inc. 8-K Filing: Key Insights on Stock Structure & Corporate Events

Based on the provided section of the financial report, here are the key pieces of information and insights extracted:

  1. Entity Information:
  • Company Name: Alphabet Inc.
  • CIK (Central Index Key): 0001652044
  • Address: 1600 Amphitheatre Parkway, Mountain View, CA 94043
  • Phone Number: 650-253-0000
  1. Reporting Date:
  • Date of Filing: October 17, 2024
  1. Type of Filing:
  • Form Type: 8-K (a current report that companies must file with the SEC to report major events that shareholders should know about)
  1. Stock Classes:
  • Class A Common Stock:
    • Par Value: $0.001
    • Ticker Symbol: GOOGL
    • Exchange: NASDAQ
  • Class C Capital Stock:
    • Par Value: $0.001
    • Ticker Symbol: GOOG
    • Exchange: NASDAQ
  1. Contextual Information:
  • The report includes dimensions related to the stock classes, specifically mentioning "Common Class A" and "Capital Class C," indicating the types of equity instruments the company has.
  1. Financial Reporting Standards:
  • The report adheres to US GAAP (Generally Accepted Accounting Principles), as indicated by the namespace used in the XBRL (eXtensible Business Reporting Language) instance.

Insights:

  • The filing on October 17, 2024, reveals that Alphabet Inc. is maintaining its dual-class stock structure, which is typical for companies that want to retain control among founders or key executives while still allowing public investment.
  • The use of Form 8-K suggests that the report may be disclosing significant corporate events or changes, which could impact investors and stakeholders. However, further details on the specific events reported in this filing would be necessary for a complete analysis.
  • The par value of the stocks indicates a nominal value that is considerably low, which is common among tech companies, reflecting a focus on market performance rather than book value.

This analysis can help investors and stakeholders understand Alphabet Inc.'s current reporting status, stock structure, and compliance with regulatory standards.