Company: GOOGL
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001652044-25-000062
Chunk: 56

Company: Alphabet Inc.
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 1
Chunk 56
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65 10,726 133 23,261 Total share repurchases(1)81 $13,263 164 $28,564 (1)    Shares repurchased include unsettled repurchases.Repurchases are executed from time to time, subject to general business and market conditions and other investment opportunities, through open market purchases or privately negotiated transactions, including through Rule 10b5-1 plans. The repurchase program does not have an expiration date.DividendsIn the three and six months ended June 30, 2025, total cash dividends were $1.2 billion and $2.4 billion for Class A, $178 million and $350 million for Class B, and $1.1 billion and $2.2 billion for Class C shares, respectively.In April 2025, the Board of Directors of Alphabet increased the quarterly cash dividend by 5% to $0.21 per share of outstanding Class A, Class B, and Class C shares.

The company intends to pay quarterly cash dividends in the future, subject to review and approval by the company’s Board of Directors in its sole discretion. 

Note 12.    Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share of Class A, Class B, and Class C stock (in millions, except per share amounts):

30

Three Months Ended June 30, 20242025 Class AClass BClass CConsolidatedClass AClass BClass CConsolidatedBasic net income per share:NumeratorAllocation of distributed earnings (cash dividends paid)$1,173 $173 $1,120 $2,466 $1,222 $178 $1,143 $2,543 Allocation of undistributed earnings 10,046 1,484 9,623 21,153 12,314 1,803 11,536 25,653 Net income$11,219 $1,657 $10,743 $23,619 $13,536 $1,981 $12,679 $28,196 DenominatorNumber of shares used in per share computation5,862 866 5,615 12,343 5,819 852 5,451 12,122 Basic net income per share$1.91 $1.91 $1.91 $1.91 $2.33