Amazon's Bezos Unloads Nearly $5 Billion in Company Shares
Wednesday, 3 July 2024, 14:40
Amazon's Bezos Sells $5B in Company Shares
Amazon's Executive Chair Jeff Bezos has made a substantial financial move by selling 25 million company shares for $4.93 billion on Tuesday, as disclosed in a filing with the U.S. SEC.
Key Points:
- Bezos unloads 25 million shares
- Total sale amounting to $4.93 billion
- Reported filing with U.S. SEC
This transaction signifies an important financial decision with implications for Amazon's market position and investor sentiment.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.