Meta priced 40 million Class A common shares at $625 each, about $25 billion, and 250 million mandatory convertible preferred depositary shares at $50 each, worth about $12.5 billion, for roughly $37.5 billion in total. Net proceeds from the common stock are expected at about $24.9 billion once the forward sale agreements settle, while the preferred pays a 6.5% annual dividend. The new common shares and the shares the preferred could convert into would lift the share count by about 2.2% to 2.3%. Management expects 2026 capital expenditures of $135 billion to $145 billion, while third-quarter advertising revenue rose 26% to $63.1 billion. The author says the dilution cost is lower than the $37.5 billion figure suggests, and would consider investing at about the price the new investors paid.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
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Related tickers and likely impact
META
▼ Likely negativeMeta Platforms
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.7T |
| Close on 10/28/2026 | 612.49 |
| Change that session | -1.24% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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