Google Chairman Eric Schmidt to sell 42% of stake in Google

Eric Schmidt at the 37th G8 Summit in Deauvill...
Eric Schmidt at the 37th G8 Summit in Deauville 037.jpg (Photo credit: Guillaume Paumier)
(by pio dal cin) February 9th 1:16 GMT+1

+Google 's executive chairman Eric Schmidt (here his +Google+ profile).Plans as reported here in a SEC filing, wants to sell about 3.2 million of the Class A Common Stocks reducing his share of the company to 42%.

At the actual price of $780,05 a share as reported by Nasdaq that would transate into $M 2.496,16 

February seems to be a good month to sell for +Eric Schmidt  . He did the same last year when +Google  announced that  he was selling about 2.4 million shares worth at the time about $1.5 billion.

In 2011 +Eric Schmidt  was in control of 9 million +Google  shares
Enhanced by Zemanta
0