Google-parent Alphabet announced a 20-for-one stock split on 1 February 2022 for the company's Class A (GOOGL), Class B and Class C (GOOG) stock. The split was approved by shareholders at the 2022 Annual Meeting of Stockholders on 1 June. Shareholders on record close on 1 July will be entitled to receive an additional 19 shares for each stock they owned after 15 July close.What is a stock split?A stock split is a corporate action in which a company issues additional stock to its shareholders at a predetermined ratio.“Think about it like a chocolate bar. Your one big chocolate bar is broken down into multiple bite-size pieces. You still have the same amount of chocolate, just in smaller pieces,” explained research firm Morningstar in a blog post.Why is Alphabet conducting a share