Google net soars 61% on strong sales

Google net soars 61% on strong sales
# 13 April 2012 10:29 (UTC +04:00)
Baku - APA-Economics. Google Inc. on Thursday reported a 61% jump in first-quarter profit on slightly higher-than-expected sales, and announced a surprise special dividend that would act as a stock split for company shareholders.

Google shares were slightly higher in late trading, after Chief Executive Larry Page announced the creation of a new class of non-voting stock, a move he described in a letter as “effectively a two-for-one stock split.”
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