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Meta Platforms Announces Plan for 2-for-1 Stock Split via Creation of Non-Voting Class C Shares

The Motley Fool +1 · ·by G4L

META Meta Platforms Inc
$641.39 0.00%
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  1. 1Meta Platforms plans to create new non-voting Class C shares.
  2. 2A practical 2-for-1 stock split will be implemented by assigning one Class C share for every one existing Class A or Class B share.
  3. 3This measure will take effect on January 19, 2027, expanding the share pool while maintaining Mark Zuckerberg's voting control.

So what's the key point?

Meta Platforms has decided to double the number of existing shares by creating new shares that do not have voting rights. This move increases the total amount of shares while protecting Mark Zuckerberg's management control.

Source The Motley Fool +1 · View original ↗

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