Google sets its IPO price range

The search giant sets a price range of $108 to $135 a share, putting itself in line to be one of the largest-ever initial stock offerings.

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By Dawn Kawamoto
Staff Writer, CNET

Google has set the long-awaited pricing range for its initial public offering, putting itself in line to raise as much as $3.3 billion, according to a filing with the Securities and Exchange Commission on Monday.

The search giant set a price range of $108 to $135 a share, according to the filing. Based on those per-share numbers and the expected issuance of 24.6 million shares, the search giant hopes to raise between $2.7 billion and $3.3 billion. That would make it .

The company also plans to trade under the ticker GOOG, according to the filing. Google has already said that it plans to .

More details to follow.

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