Meta shareholders approve creation of non-voting Class C stock
META•Meta shareholders approved a recapitalization creating non-voting Class C common stock, effective January 19, 2027. The board declared one Class C share per outstanding Class A or Class B share, payable within five business days of the charter’s effective date.
1. New share class approved
Meta Platforms’ recapitalization received shareholder written consent on October 20, 2026, after board approval on October 19. The restated charter creates non-voting Class C common stock, effective January 19, 2027, enabling equity financing without diluting existing shareholders’ voting power.
2. Share distribution and plan
The board declared one Class C share for each outstanding Class A or Class B share, payable within five business days of the charter’s effective date. Shareholders also authorized issuance of Class C common stock under the 2025 Equity Incentive Plan, effective January 19, 2027.
