business

Google $80 Billion Equity Offering Comes Amid Rising Debt, Slowed Buybacks

Yahoo Finance · Jun 2, 2026, 12:23 PM · Also reported by 2 other sources

Amid a huge jump in capital spending on artificial intelligence infrastructure, Alphabet (GOOGL) plans new equity offerings totaling $80 billion. Google stock fell on Tuesday on the announcement, which coincides with rising company debt and lower repurchases of Google stock. While the new capital raise will dilute existing equity, Google has reduced its "float," or outstanding shares, by over 10%…

Article preview — originally published by Yahoo Finance. Full story at the source.

Read full story on Yahoo Finance → More top stories

Also covered by

Engadget Google's parent company is raising $80 billion to fuel its AI ambitions Investing.com Curbline Properties launches $400 million at-the-market equity offering

Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Google $80 Billion Equity Offering Comes Amid Rising Debt, Slowed Buybacks

Also covered by

More in business