Google did a clever maths trick when figuring out how many stock shares to buy back

Alphabet, the new parent company that counts Google as its subsidiary, just announced that it will undertake a monster $US5 billion stock buyback starting in the fourth quarter.

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 very precise: $US5099019513.59. That number happens to be a square root of 26 — as several maths-savvy Twitter users first noticed.

Twenty six  also happens to be the number of letters in the alphabet.

This isn’t the first time that Google has tucked a clever maths trick into its business. In 2011 when Google was bidding for Nortel Networks’ wireless patents, it offered 

 

NOW WATCH: Take a look inside the $US90 million superyacht that can travel nearly 5,000 miles on one tank of fuel

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.