As at 31 March 2022, there were 2,302 million Class A shares and 413 million Class...

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As at 31 March 2022, there were 2,302 million Class A shares and 413 million Class B shares on issue with the major shareholders including ... Mark Zuckerberg with 831,706 Class A shares and 349,745,790 Class B shares Eduardo Saverin with 7,535,009 Class A shares and 45,928,139 Class B shares BlackRock with 158,128,797 Class A shares The Meta stock price at the close of trade on 15 June 2022 was $169.35 Assume Eduardo immediately sells all his Class A and Class B shares to BlackRock for $200 per share. What impact would the sale have on Mark and BlackRock ? As at 31 March 2022, there were 2,302 million Class A shares and 413 million Class B shares on issue with the major shareholders including ... Mark Zuckerberg with 831,706 Class A shares and 349,745,790 Class B shares Eduardo Saverin with 7,535,009 Class A shares and 45,928,139 Class B shares BlackRock with 158,128,797 Class A shares The Meta stock price at the close of trade on 15 June 2022 was $169.35 Assume Eduardo immediately sells all his Class A and Class B shares to BlackRock for $200 per share. What impact would the sale have on Mark and BlackRock ?

Answer rating: 100% (QA)

First lets calculate the total value of Eduardos shares Class A shares 7535009 x 16935 127708633715 ... View the full answer