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From The Economic Times

Center-Right Owned by Bennett, Coleman & Co.

Explained: Why is Meta creating a new class of non-voting shares amid its AI growth?

Explained: Why is Meta creating a new class of non-voting shares amid its AI growth?

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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.

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