NEW YORK, June 4, 2014 (GLOBE NEWSWIRE) -- On January 30th Google, Inc. (Nasdaq:GOOG) (Nasdaq:GOOGL) announced that its Board of Directors approved the distribution of Class C shares to its stockholders.
As a result of this transaction, on April 3, 2014 the Google Class C shares were added to all NASDAQ OMX Indexes that contain Google Class A shares, including, but not limited to, the NASDAQ-100 Index®, the NASDAQ Internet Index® and the NASDAQ OMX Global Index Family.
In order to best reflect our evolving markets, both the Class A shares and Class C shares of Google, Inc. will remain in the Indexes.
Google Class A shares will not be removed from any of the Indexes at the next quarterly rebalance on June 23, 2014, as was previously announced.
This action is being taken in order to ensure Index continuity.
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Source:The NASDAQ OMX Group, Inc.