WASHINGTON - Google's Chairman Eric Schmidt plans to sell 3.2 million
"A" shares, currently worth $2.5 billion, over the next year, Google
said Friday in a filing with the Securities and Exchange Commission.
The sale amounts to 42 percent of Schmidt's 7.6 million Class A and
Class B shares in the company, a 2.3 percent stake in the company, but
8.2 percent of voting power.
The sale is part of a pre-arranged trading plan for Schmidt's
"long-term strategy for individual asset diversification and liquidity,"
according to the filing.
"Using this trading plan, Eric can diversify his investment portfolio
and can spread stock trades out over a period of one year to reduce
market impact."
Google's share price climbed 1.5 percent Friday to a new all-time
record of $785.37, putting the value of the shares Schmidt will sell at
$2.51 billion.
In its September 2012 billionaires list -- when Google shares crossed
the $700 line for the first time -- Forbes ranked Schmidt 138th in the
world, with his fortune worth $7.5 billion.
ReplyDeleteBabel account & manag contracting companies
The program includes 12 specialized systems in contracting field and providing explanation library
of 145 videos with total of 6 hours of explanation and providing more than 200 questions in the
field of contracting and group of essays which serve contracting companies.
برنامج محاسبة مقاولات
برنامج محاسبة شركات المقاولات
برنامج مقاولات
برنامج ادارة شركات المقاولات
برنامج الاستثمار العقارى
برنامج استثمار عقارى
برنامج لشركة استثمار عقارى
برنامج ادارة محطات الخرسانة
برنامج محطات خرسانة