26.2 C
New York
Tuesday, May 7, 2024

Website Highlights Google Chair Eric Schmidt to Sell 40+% of Stake, ~3.2M Shares

Courtesy of Benzinga.

On Friday, Google’s (NASDAQ: GOOG) Chairman Eric Schmidt announced that he plans to sell up to 3.2 million shares, which at Google’s current price could mean a $2.5 billion windfall. Schmidt has a 2.3% stake in the company with 7.6 million shares. On Friday Google shares closed up $11.42 at $785.37.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,253FansLike
396,312FollowersFollow
2,290SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x