Meta to Issue New Non-Voting Shares in 2027
The company plans a two-for-one stock split to help fund its growing investments in artificial intelligence.
Updated on Oct. 21, 2026 in Public Companies
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Meta will launch a new class of non-voting stock through a two-for-one split starting in January 2027. This strategy allows the firm to raise capital for artificial intelligence initiatives without diluting existing voting control.
Why it matters
By creating a non-voting share class, Meta intends to secure funding for its massive AI spending while ensuring that current governance remains unchanged. This move enables the company to maintain momentum in AI development while keeping ownership structures intact.
Meta reported $64.6 billion in third-quarter revenue, marking a 26 percent increase year-on-year that exceeded the guidance range of $61 billion to $64 billion.
The players
Meta
A multinational technology conglomerate that owns major social media platforms and invests heavily in artificial intelligence and metaverse development.
Mark Zuckerberg
The co-founder and CEO of Meta who retains significant influence over the company through his majority control of voting shares.
The details
The new share class structure is designed to generate financial resources for artificial intelligence projects while preserving the current power dynamics of the firm. Mark Zuckerberg currently holds approximately 61 percent of the voting power, a majority stake that this split aims to maintain as the company expands.
Timeline
Meta reported $64.6 billion in revenue during the third quarter of 2026.
The new non-voting shares are expected to begin trading in January 2027.
Market Landscape
This move follows a trend of tech giants restructuring equity to sustain massive capital expenditure on Meta's long-term artificial intelligence infrastructure. It positions Meta to outpace rivals by securing public funding without sacrificing the control required to execute long-horizon projects.
Retail investors should note that these new shares will not carry voting rights, meaning their ability to influence company decisions will remain limited. This structural change may alter the valuation and liquidity profiles of the company stock once trading begins in 2027.
The takeaway
Investors looking for voting influence will need to distinguish between share classes once the new stock is issued. The pivot emphasizes the high priority the company places on funding its artificial intelligence development cycle.
Further reading
For more on how major organizations manage equity, visit the Public Companies section.
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