Meta Board Approves Non-Voting Class C Stock to Fund AI, Issuance Set for January 2027

Meta's board has approved a publicly listed, non-voting Class C common stock, according to its third-quarter 2026 earnings report released October 21. Non-voting shares carry no vote in corporate decisions. Proceeds would fund AI investment, potential acquisitions and employee compensation. Issuance is planned for January 2027, with trading to begin during 2027.