What was announced?
In its third-quarter earnings report released on Wednesday, Meta said it will issue a new class of non-voting shares. According to the company, the main purpose is to fund its artificial intelligence investments.
The new stock will also go toward potential acquisitions and employee compensation, not just AI. Trading is planned to begin in 2027.
The company's rationale
Meta pointed to the scale of investment required to compete, sustain growth, expand infrastructure and pursue new strategic initiatives amid the AI transformation taking place in the industry.



