Ballmer's statement in accordance with this approach is intended to diversify their investments. Ballmer this week, the U.S. Securities and Exchange Commission to submit a document showing that he has sold 5,000 shares of Microsoft stock.
Ballmer said he plans to sell 7,500 shares before the end of the year. He now still holds 3.5 billion shares of Microsoft stock share price at the moment, worth about 90 billion dollars.
He said in a statement, the stock sell-off does not mean that this company is not good, his confidence in Microsoft.
1 comment:
This could be a sign of under performance (shareholders expectation) for this quarter which is probably what most people would be speculating from the CEOs actions.
Steve Ballmer
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