Explained: Why is Meta creating a new class of non-voting shares amid its AI growth?
Meta plans to create a new class of publicly traded non-voting stock, known as Class C shares, and distribute one Class C share for each existing Class A and Class B share - effectively splitting its stock two-for-one. The new shares are expected to begin trading in January 2027.
We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.