Alphabet Inc. (GOOGL) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that Alphabet Inc. surfaced in its latest filing.

• Establishment of an at-the-market (ATM) program in June 2026 allowing sales of up to $40 billion of Class A and Class C stock, which could dilute existing stockholders and depress market prices.June 2026
• Establishment of an at-the-market (ATM) program in June 2026 allowing sales of up to $40 billion of Class A and Class C stock, which could dilute existing stockholders and depress market prices.June 2026
• Established an ATM Program in June 2026 to sell up to $40 billion of Class A and Class C stockJune 2026
• Established an ATM Program in June 2026 to sell up to $40 billion of Class A and Class C stockJune 2026
• Mandatory Convertible Preferred Stock outstanding, with potential dilution upon conversion and regular dividend payments that may be settled in shares, diminishing cash reserves or causing dilution.
• Mandatory Convertible Preferred Stock outstanding, with potential dilution upon conversion and regular dividend payments that may be settled in shares, diminishing cash reserves or causing dilution.
• Mandatory Convertible Preferred Stock may be converted into Class A or Class C stock, and Alphabet may elect to settle dividend payments in shares, potentially causing dilution
• Mandatory Convertible Preferred Stock may be converted into Class A or Class C stock, and Alphabet may elect to settle dividend payments in shares, potentially causing dilution
• EU Digital Markets Act imposes requirements including user consent for combining data across products, sharing search data with third-party search engines, and providing interoperable access to Android for third-party AI companies.
• EU Digital Markets Act imposes requirements including user consent for combining data across products, sharing search data with third-party search engines, and providing interoperable access to Android for third-party AI companies.
• Share repurchases may be suspended during future equity offerings, including under the ATM Program
• Share repurchases may be suspended during future equity offerings, including under the ATM Program
• EU Data Act introduces new data portability requirements for connected products and interoperability obligations on data processing services.
• EU Data Act introduces new data portability requirements for connected products and interoperability obligations on data processing services.
• The Board of Directors may decide not to declare a common stock cash dividend each quarter, and the dividend program does not obligate a specific dollar amount per share
• The Board of Directors may decide not to declare a common stock cash dividend each quarter, and the dividend program does not obligate a specific dollar amount per share