Meta With capital expenditures of $145 billion, they also plan to issue new shares without voting rights
2026-10-22 04:33:10
According to CoinMeta, Meta Platforms ( meta.o ) has raised its capital expenditure expectations, anticipating that capital expenditures will reach $135 billion to $145 billion in 2026, up from the previous forecast range of $130 billion to $135 billion. At the same time, Meta announced plans to establish a new class of non-voting shares, with existing shareholders receiving corresponding new shares, which effectively amounts to a 2-for-1 stock split. The company stated that the new class of shares will be used for raising capital, employee compensation, and potential acquisition transactions. Meta reported revenue of $64.6 billion in the third quarter, higher than the market's expectation of $63.334 billion, and expects revenue in the fourth quarter to reach $73 billion to $76 billion, with analysts' previous average forecast being $73.6 billion.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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