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LoginDisney Chairman Bob Iger recently sold $98.7 million worth of his stock in the company,The move was explained by the company as part of Eagle's efforts to diversify its investment portfolio。
Regulatory filing on Thursday shows,Eagle traded at an average of 179 per share on June 1st.Sold 550,570 shares of Disney stock at $21。This reduced his direct holdings by approximately 50%,To 555865 shares。
Iger resigned as Disney CEO in 2020,Will retire as chairman at the end of this year。Since Iger became Disney CEO in September 2005,The company’s stock price has risen more than seven times。
Disney said in a statement: "The value of these shares reflects the significant shareholder value generated under his leadership。”
188bet Online Sports Betting and Casino : Sina Finance, original title: "Disney chairman reduced his shares and cashed out nearly 100 million US dollars》.
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