SAN FRANCISCO (Reuters) – Google Inc announced a stock split designed to preserve the control of co-founders Larry Page and Sergey Brin over the world’s No. 1 Web search engine, asking investors to trust their long-term vision. The surprise decision, which its board unanimously approved, came as the company exceeded Wall Street’s profit expectations but revealed a worrying 12 percent drop in search advertising rates – the second consecutive quarterly decline. Shares of Google, which finished Thursday’s regular session at $651.01, rose to $653 in after-hours trading. …

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Google stock split helps Page, Brin maintain grip