Meta Board Approves Non-Voting Class C Stock for AI Funding, Issuance Planned for January 2027

Meta's board has approved a publicly listed, non-voting Class C common stock, according to the company's third-quarter 2026 earnings report released on October 21, 2026. Proceeds would fund AI investment, potential acquisitions and employee compensation. Issuance is planned for January 2027, with trading set to begin during 2027.