Meta Plans Non-Voting Shares to Fund AI, Acquisitions and Employee Compensation

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Meta announced plans to issue a new class of non-voting shares to fund AI initiatives, potential acquisitions and employee compensation, with trading set to begin in 2027. CFO Susan Li said the shares would expand the company’s funding options. Meta announced the plan in its third-quarter earnings report, which also raised its capital expenditure forecast for 2026 to $135 billion–$145 billion, from $130 billion–$145 billion.

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Latest development10/22 05:30 (UTC+8)

Meta to create a new class of shares to fund AI push The Verge · AI

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10/22

05:30
The Verge · AI
Meta to create a new class of shares to fund AI push
Meta says it will issue a new class of non-voting shares to fund AI initiatives, potential acquisitions, and employee compensation, with trading beginning in 2027. Announced in its third-quarter earnings report, the shares will expand its funding options, according to CFO Susan Li. Meta also raised its capital expenditure forecast for this year to between $135 billion and $145 billion, from between $130 billion and $145 billion.

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