BusinessPhoto: News18 TechMeta Launches Class C Shares to Protect Zuckerberg's Voting Control
Meta Platforms has introduced a new Class C share category to enhance fundraising, employee compensation, and acquisitions without diluting CEO Mark Zuckerberg's control. Existing Class A and B shareholders will receive one non-voting Class C share per share owned. Zuckerberg retains about 60.6% voting power despite owning 13.4% economic stake. This move supports Meta's AI investments and reduces reliance on share buybacks.
News18 Tech·


