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Meta share count is only down 6% total since the start of the pandemic. And down ~10% total since their share count peak in 2017 Looks like you're referencing

Meta share count is only down 6% total since the start of the pandemic. And down ~10% total since their share count peak in 2017 Looks like you're referencing YoY rates as measured on a quarterly basis from the link above, which is not the same as the absolute percentage of shares. Likely the pace will rise somewhat with recent job cuts/buybacks, but historically they've mostly just tread water with shares issued via software based comp

kgwgk 4y ago
> And down ~10% total since their share count peak in 2017 That seems compatible with what I said (flat 2018-2020, down 4% in 2021 and 5% in 2022). > Looks like you're referencing ... https://s21.q4cdn.com/399680738/files/doc_financials/2020/ar/2020-Annual-Report.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2020/ar... As of December 31, 2020, there were 2,406 million shares of Class A common stock and 443 million shares of Class B common stock issued and outstanding. https://s21.q4cdn.com/399680738/files/doc_financials/annual_reports/2023/2021-Annual-Report.pdf https://s21.q4cdn.com/399680738/files/doc_financials/annual_... As of December 31, 2021, there were 2,328 million shares of Class A common stock and 413 million shares of Class B common stock issued and outstanding. 2021: 2849 -> 2741 We don't have the end of year figures yet but from the Q3 report: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001326801/d3f3edde-e018-4882-9bf9-1a17e0841e04.pdf https://d18rn0p25nwr6d.cloudfront.net/CIK-0001326801/d3f3edd... 2,248,672,204 shares outstanding as of October 21, 2022 402,876,470 shares outstanding as of October 21, 2022 Class A shares [...] 2,262 million [...] outstanding, as of September 30, 2022 Class B shares [...] 403 million [...] outstanding, as of September 30, 2022 and from yesterday's earnings release: Weighted-average shares used to compute earnings per share attributable to Class A and Class B common stockholders (Three Months Ended December 31, 2022): Basic 2,638 While we wait for the filing we can take a guess: Sep 30: 2665 Oct 21: 2652 Q4 average: 2638 Dec 31: ~2615 ?
- kgwgk 4y ago
  > As of December 31, 2022, there were 2,247 million shares of Class A common stock and 367 million shares of Class B common stock issued and outstanding. 2614. Not bad! 8.2% fewer outstanding shares than two years ago. If that’s “mostly flat” so be it.

kgwgk 4y ago

> And down ~10% total since their share count peak in 2017 That seems compatible with what I said (flat 2018-2020, down 4% in 2021 and 5% in 2022). > Looks like you're referencing ... https://s21.q4cdn.com/399680738/files/doc_financials/2020/ar/2020-Annual-Report.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2020/ar... As of December 31, 2020, there were 2,406 million shares of Class A common stock and 443 million shares of Class B common stock issued and outstanding. https://s21.q4cdn.com/399680738/files/doc_financials/annual_reports/2023/2021-Annual-Report.pdf https://s21.q4cdn.com/399680738/files/doc_financials/annual_... As of December 31, 2021, there were 2,328 million shares of Class A common stock and 413 million shares of Class B common stock issued and outstanding. 2021: 2849 -> 2741 We don't have the end of year figures yet but from the Q3 report: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001326801/d3f3edde-e018-4882-9bf9-1a17e0841e04.pdf https://d18rn0p25nwr6d.cloudfront.net/CIK-0001326801/d3f3edd... 2,248,672,204 shares outstanding as of October 21, 2022 402,876,470 shares outstanding as of October 21, 2022 Class A shares [...] 2,262 million [...] outstanding, as of September 30, 2022 Class B shares [...] 403 million [...] outstanding, as of September 30, 2022 and from yesterday's earnings release: Weighted-average shares used to compute earnings per share attributable to Class A and Class B common stockholders (Three Months Ended December 31, 2022): Basic 2,638 While we wait for the filing we can take a guess: Sep 30: 2665 Oct 21: 2652 Q4 average: 2638 Dec 31: ~2615 ?

kgwgk 4y ago
> As of December 31, 2022, there were 2,247 million shares of Class A common stock and 367 million shares of Class B common stock issued and outstanding. 2614. Not bad! 8.2% fewer outstanding shares than two years ago. If that’s “mostly flat” so be it.