Meta to issue new Class C shares to all shareholders, preserving Zuckerberg's voting control

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Meta Platforms has announced a new class of Class C shares that will be distributed to its existing shareholders. Each holder of Class A or B shares will receive one Class C share for every share they already own. The company says the structure is meant to support fundraising, employee compensation, and acquisitions, particularly in artificial intelligence. It also allows CEO Mark Zuckerberg to maintain his dominant voting power. Trading in the new Class C shares is scheduled to begin on January 19, 2027.

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