View Full Version : Bob Iger Sells 81 Million in Disney Stock

05-12-2012, 10:17 AM
Wow...After Avengers, Bob Iget sells off 81 million of his Disney stock, makes 26 million on the sale and he still owns 1.4 million shares. The article says Disney made a statement that he sold his shares as a part of "routine" financial planning for his family. :faint:

Article is here

05-12-2012, 10:29 AM
Sounds normal to me. He is going to retire in the next 5 years, so it is only logical to liquidate some shares and convert them into a more solid asset.

05-12-2012, 01:48 PM
Considering Disney's stock just hit a 52 week high it's not a bad move at all.

05-13-2012, 06:02 AM
Must be a good time to sell ...I was thinking a split may be coming soon