Google Searches for $135 Per Share
Filed in: Google — July 27th, 2004
Google has set the long-awaited price range for its initial public offering, putting itself in line to raise as much as $3.3 billion, according to a filing with the Securities and Exchange Commission on Monday.
The search giant set a price range of $108 to $135 a share, according to the filing. Based on those per-share numbers and the expected issuance of 24.6 million shares, the search giant hopes to raise between $2.7 billion and $3.3 billion. That would make it among the largest-ever IPOs.
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