Alphabet Inc.
The parent company behind Google, Alphabet runs the internet's most-used search engine and services like YouTube and Android, along with Google Cloud and early-stage "Other Bets" such as self-driving car company Waymo and drug-discovery firm Isomorphic Labs. It was created in 2015 when Google's founders Larry Page and Sergey Brin reorganized the search giant into a holding company. The name "Alphabet" is a playful nod to both language—the letters that form how Google indexes information—and "alpha," the finance term for outsmarting the market.
Depositary shares representing a 1/20th interest in a share of 6.25% Series B Mandatory Convertible Preferred Stock