Now, the company has proposedathree-to-one stocksplitinitsquarterly results, whichwouldgiveeachFacebookshareholdertwoadditional, non-votingshares for each singleshare they alreadyhold.
The parents may want to recapitalize the business to create voting and non-voting stock, or they may want to put restrictions on the transferred stock.
Svyazinvest's shareholdings in its main subsidiaries, usually 38%, carry voting control because each subsidiary has 25% of its stock issued in non-voting form.