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Meta to issue free shares to shareholders based on performance targets Business

Meta to issue free shares to shareholders based on performance targets

Short2News· 1h ago ·1 reads

Meta has announced a new incentive plan offering shareholders free Class C shares if the stock price doubles and compounds by 10% annually. These non-voting shares allow CEO Mark Zuckerberg to sell stock while maintaining corporate control. The move aims to fund Meta's AI initiatives and fulfill Zuckerberg's tax obligations in California.

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