Alphabet Shareholders Approve 20-for-1 Stock Split. Here's What Investors Need to Know.

Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) highly anticipated stock split is one step closer to reality. At the company's annual meeting on June 1, shareholders approved the measure, setting the stage for its 20-for-1 stock split to take place next month.

If you're an Alphabet investor, no need to Google how the stock split will affect you. Read on for a quick refresher course on the mechanics of stock splits and what it means to you.

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Source Fool.com