The Turichron

Evening brief

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Meta approves nonvoting shares for its AI investment plans

Its board approved Class C stock effective January 2027 for fundraising, acquisitions and employee compensation, without changing shareholders' voting power through the initial dividend.

ThereforeMeta will gain another financing tool without diluting Zuckerberg's voting control.

investor.atmeta.com's quarterly results and stock plan · The Verge's earnings-call coverageCopy link to: Meta approves nonvoting shares for its AI investment plans