how does the stock split affect income? afaict it is purely about governance | Hacker News

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lukesandberg on April 3, 2014 | parent | context | favorite | on: Google splits into GOOG and GOOGL today

how does the stock split affect income? afaict it is purely about governance

jonknee on April 3, 2014 [–]

Correct, they (or anyone else) are not making money directly off this. Just like a regular stock split, when there is a 2 for 1 split each share is instantly worth 1/2 and no one is richer.

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