Welcome to WebmasterWorld Guest from 23.22.182.29

Forum Moderators: goodroi

Message Too Old, No Replies

Google's Eric Schmidt to sell 42% of his shares over the next year.

     
4:27 am on Feb 9, 2013 (gmt 0)

Senior Member

WebmasterWorld Senior Member sgt_kickaxe is a WebmasterWorld Top Contributor of All Time 5+ Year Member

joined:Apr 14, 2010
posts:3169
votes: 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.


Wow, his trip to Korea must have made quite an impression on him. (just teasing, but it might have)
6:46 am on Feb 9, 2013 (gmt 0)

Preferred Member

5+ Year Member

joined:Jan 6, 2011
posts:466
votes: 0


2.5 billion
10:06 am on Feb 9, 2013 (gmt 0)

Senior Member

WebmasterWorld Senior Member beedeedubbleu is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:Feb 3, 2004
posts: 6099
votes: 6


A lot of capital! ;)
8:16 pm on Feb 10, 2013 (gmt 0)

Senior Member

WebmasterWorld Senior Member 5+ Year Member Top Contributors Of The Month

joined:June 6, 2006
posts:1137
votes: 25


Does he know something we don't?