Google did a clever math trick when figuring out how much stock to buy back
REUTERS/Chip East
It's a clever move on Google's part - but not just because it benefits the company by giving it more control over its stock price, since it lowers the number of shares out in the market.
There's a small Easter egg hidden in the announcement.
The exact number Google chose for its buyback is precise: $5,099,019,513.59. That number happens to be the square root of 26 times a billion- as several math-savvy Twitter users first noticed.
Twenty-six also happens to be the number of letters in the alphabet.
This isn't the first time Google has tucked a clever math trick into its business. In 2011, when Google was bidding for Nortel Networks' wireless patents, it offered interesting numbers, such as pi.
@lexnfx It's the square root of 26 e18th. Those Google guys! They have so much fun with numbers.
- George Anders (@GeorgeAnders) October 22, 2015
@jyarow square root of 26 h/t @modestproposal1
- southp4w (@southp4w) October 22, 2015
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