Ballmer's Microsoft (MSFT) Stake is Up ~$730M on Retirement News
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Price: $533.37 +2.06%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
Revenue Growth %: +16.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
Revenue Growth %: +16.6%
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Steven Ballmer is retiring as Microsoft (NYSE: MSFT) CEO within 12 months, the company said today.
Based on the most recent financial data, Ballmer holds about 333,252,990 shares of Microsoft. With the stock's $2 gain today, he is up $672,505,980 or so early on Friday's session.
Of course, he won't be able to dump all that stock at once, but its probably a nice feel for Ballmer given the 6 percent surge in the stock price on news that he would be exiting.
The latest Form 4 filing we could find is here.
Based on the most recent financial data, Ballmer holds about 333,252,990 shares of Microsoft. With the stock's $2 gain today, he is up $672,505,980 or so early on Friday's session.
Of course, he won't be able to dump all that stock at once, but its probably a nice feel for Ballmer given the 6 percent surge in the stock price on news that he would be exiting.
The latest Form 4 filing we could find is here.
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