Meta says it is issuing a new class of non-voting shares to fund its AI initiatives. The company said in its third-quarter earnings report, released Wednesday, that the shares could also support potential acquisitions and employee compensation, with trading set to begin in 2027.
WHO:Meta
WHAT:Meta announced a new class of non-voting shares to help fund its AI initiatives, potential acquisitions and employee compensation.
WHEN:Oct 21, 2026
WHERE:USA
WHY:Meta says the new shares will help fund its AI initiatives and could also support potential acquisitions and employee compensation.
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