Google Chairman Eric Schmidt to sell 3.2 million Shares 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)
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 sharesworth at the time about $1.5 billion.
 
In 2011 +Eric Schmidt  was in control of 9 million +Google  shares

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