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A comment on Meta Reports Fourth Quarter and Full Year 2022 Results. Parent comment

Re:Meta Reports Fourth Quarter and Full Year 2022 Results by kgwgk on Thursday February 02, 2023 @04:27AM (#34624205)
> 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...

  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_...

  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/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

  Sep 30: 2665
  Oct 21: 2652
  Q4 average: 2638
  Dec 31: ~2615 ?
[ Parent | on HN ]
Re:Meta Reports Fourth Quarter and Full Year 2022 Results by kgwgk on Thursday February 02, 2023 @02:05PM (#34631531)
> 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.

[ Parent | on HN ]