Meta Creates Non-Voting Stock to Fund AI Buildout, Keeping Zuckerberg in Control
Decrypt · Thu, 22 Oct 2026 19:06:02 GMT
Hype 0/100 · Market impact 0/100 · Breaking 45/100
In January, Meta plans to distribute one free non-voting share to each of its shareholders for every share they already own, creating a way for the company to raise equity for artificial intelligence spending. The arrangement is structured to preserve Mark Zuckerberg’s 60.6% voting stake. The new shares carry no voting rights, meaning they do not count in shareholder votes, so issuing them does not dilute the vote he holds.