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change its shareholding structure

Homepage on the Internet social-networking site Facebook, on July 7 on a computer in Paris. The company has changed its ownership structure, but no plans were made public.

The Internet social-networking site Facebook said Tuesday it has introduced a dual-class share structure, but for now has no plans to go public.

"Facebook is a private company, so we usually do not share details about issues related to actions," he said in a statement the company based in Palo Alto, California.

But the company said it introduced a dual-class structure "because the current shareholders wanted to maintain control over the vote on certain issues to help ensure that the company can continue to focus on the long term to build a great business."

Facebook

said creating the new ownership structure did not mean he was preparing an IPO.

"This review of the shareholding structure should not be taken as a sign that the company is planning to go public", it said. "Facebook has no plans to go public at this time."