From Bloomberg:
Google to Sell 5.3 Million Shares for S&P Index Funds
March 29 (Bloomberg) — Google Inc., the most-used Internet search engine, plans to sell 5.3 million more shares to satisfy demand for the stock as the company joins the Standard & Poor’s 500 Index.
The sale would raise more than $2 billion at today’s price and would bring to more than $6 billion the total Google has brought in from stock sales in the past year. These new shares primarily will be offered to funds that are based on the S&P 500, Google said today in a regulatory filing.