Monday, March 5, 2007

Gates dumps Microsoft stock

Bill Gates, chairperson and co-founder of Microsoft, sold 4 million shares of the software giant's stock over the last three days of February, bringing his total sales for the month to 20 million, according to filings with the Securities and Exchange Commission.

Gates still owns 917.5 million shares of Microsoft after the share sales, according to the filings. This represents about 9.2% of total diluted shares outstanding as of December 31.

Read more at FIN24.co.za

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