63763
Amazon Sells $1b in Stock
Amazon Sells $1b in Stock

Amazon Sells $1b in Stock

Amazon Sells $1b in Stock

Amazon.com Inc. Chief Executive Officer Jeff Bezos sold about $1 billion in company stock as part of a planned divestiture, a month after the world’s third-richest man said he spends about that amount annually on his space exploration company Blue Origin LLC, Bloomberg reported. Bezos sold one million shares from Tuesday to Thursday ranging in price from about $935 to $950 per share, according to a regulatory filing on Thursday. He still owns 79.9 million shares, or about 17% of the company, down from 83 million shares at the end of 2015.

 

Short URL : https://goo.gl/dTKaAx
  1. https://goo.gl/uooTSt
  • https://goo.gl/QxL7mD
  • https://goo.gl/JM5Apy
  • https://goo.gl/mmWhHx
  • https://goo.gl/kznkVg

You can also read ...

Poland to Maintain Solid Growth
Polish economy’s all significant macro fundamentals appear...
Zimbabwe is in arrears of nearly $1.8 billion  to the World Bank and ADB .
The International Monetary Fund Thursday said it was ready to...
While the tariff conflict may still be in its infancy,  global trade growth rate has almost halved.
The global economy will continue to expand strongly in the...
King Khaled International Airport
Saudi Aramco may have grabbed the biggest headlines, but the...
Imran Khan Says Economic Revival a Priority
Pakistan Prime Minister Imran Khan on Thursday said that the...
Wells Fargo Will Cut Workforce
Wells Fargo & Co said on Thursday it would reduce its...
Global Stocks Hit 6-Month High
World shares hit their highest levels in more than six months...
Premier Li Keqiang has  voiced confidence in China’s ability to overcome obstacles.
Chinese officials are shrugging off warnings that the trade...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus