Meta Announces Stock Split to Create Non-Voting Shares

Meta Platforms announced a 2-for-1 stock split scheduled for January that will introduce a new class of equity. The company will issue one new Class C share for every existing Class A share. While Class A shares retain their voting rights, the new Class C shares will not have any voting power.

Meta intends to utilize these non-voting shares for employee compensation, raising cash, and funding acquisitions. This specific structure allows CEO Mark Zuckerberg to dilute his financial stake in the company without reducing his majority voting control, which is currently secured through super-voting Class B shares.

The announcement follows a period of growth for the company, including a 26 percent year-over-year increase in revenue. This financial momentum coincides with the launch of Meta Muse, an agentic AI application that is seeing high early adoption rates.