Meta Platform Announces Under Founder Alignment Agreement, 20% Of Shares Of Class C Common Stock To Be Issued To Holder Group In Stock Dividend Will Be Freely Saleable; Other 80% Of Shares Of Class C Common Stock Will Be Subject To Sale And Transfer Restrictions
-SEC.
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Why It Matters
Meta is giving some shareholders extra stock through a dividend. Part of it can be sold right away, but most of it has rules about when it can be sold.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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