Google: No Plans for Stock Split

Google's(GOOG Quote - Cramer on GOOG - Stock Picks) lofty share price will continue for the forseeable future.

"We are not considering splitting [the stock] and have not for a long time," CEO Eric Schmidt said at Google's annual shareholder meeting in response to a question about making the stock more accessible to individual shareholders.

Shares of Google closed Thursday at $461.47, more than 10 times the price of other technology companies such as Yahoo!(YHOO Quote - Cramer on YHOO - Stock Picks), eBay(EBAY Quote - Cramer on EBAY - Stock Picks) and Microsoft(MSFT Quote - Cramer on MSFT - Stock Picks) -- all of which have announced multiple stock splits since they became public.

A split of Google shares has frequently been a topic of speculation, and questions regarding a possible split were raised by four different shareholders during the meeting.

Schmidt also said the company does not see Google's share price as a barrier for individual investors.

"The high price is not a deterrent for small shareholders," Schmidt said. "Though if it were to become one, we would have the discussion" to split the shares.