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New Google Share Classes Issued as Founders Cement Grip

More than 330 million new shares of Google Inc. landed in the U.S. equity market today, completing a two-year process through which Sergey Brin and Larry Page are cementing control of the world’s third-biggest company.

Stock in the largest search-engine owner is effectively splitting via a dividend distribution, with the price of existing Google A shares, which hold one vote each, falling by about half.