Google Does The Splits

Like Amazon last month, Alphabet (parent of Google) has done a stock split. This will reflect in your portfolio as of 18 July. The ratio is also 20-for-1. For every one share you owned, you now own 20 Alphabet shares. The value of your shares is divided by 20, so there is absolutely no change in the value of your holding.

It does now mean that all the chunky stocks in your account are a lot more manageable. Alphabet and Amazon trade at around $110 a share. I execute most of the trades in the US accounts, it certainly makes my life easier.

Let's hope that both Amazon and Alphabet have to do another stock split in a few years' time after reaching $2 000 a share again.