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


WaltD4Me
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
http://www.bloomberg.com/news/2012-05-12/disney-s-iger-sold-81-6-million-in-stock-near-record.html?cmpid=yhoo

k5jmh
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.

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

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