Meta announces 2-for-1 stock split effective January 19, 2027

Meta Platforms said alongside its Q3 earnings that it will split its stock 2-for-1, distributing new non-voting Class C shares as a one-time dividend effective January 19, 2027. The structure keeps Zuckerberg's voting power intact and lets him sell up to 20% of his non-voting shares.

• Two-for-one split gives holders one extra non-voting Class C share per share
• New shares take effect on January 19, 2027
• META closed Wednesday at $697.52 and fell over 2% in Thursday premarket
• Q3 revenue rose 26% year over year; free cash flow was negative $2.12 billion