| Google's Eric Schmidt to sell 42% of his shares over the next year.
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Sgt_Kickaxe
msg:4544053 | 4:27 am on Feb 9, 2013 (gmt 0) |
Eric Schmidt is cashing out almost half of his holdings of Google shares, both class A and class B, over the next 12 months. The sale, at today's closing price, would earn him 2.5 Billion dollars.
[torontosun.com...]
| Schmidt, who served as Google's Chief Executive until 2011, currently owns roughly 7.6 million shares of Class A and Class B common stock. The shares represent 2.3% of Google's outstanding stock and roughly 8.2% of the voting power of Google's stock. |
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Wow, his trip to Korea must have made quite an impression on him. (just teasing, but it might have)
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Panthro
msg:4544080 | 6:46 am on Feb 9, 2013 (gmt 0) |
2.5 billion
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BeeDeeDubbleU
msg:4544096 | 10:06 am on Feb 9, 2013 (gmt 0) |
A lot of capital! ;)
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superclown2
msg:4544353 | 8:16 pm on Feb 10, 2013 (gmt 0) |
Does he know something we don't?
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