Feeds

Ballmer shoots for a billion in Microsoft share sale

Only 421 million shares to go

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

Don't mind the $1.2 billion Steve Ballmer sold in Microsoft stock. He really is very committed to the software maker's future.

Recent SEC filings show that Microsoft's CEO dumped 49 million shares between May 21 and May 23 to the tune of $1.19 billion. Twelve years have passed since Ballmer last sold off Microsoft stock, but the exec said it was time for some asset diversification.

As Ballmer started to sell last week, Microsoft issued a statement to reassure investors and let them know everything in Redmond was okay.

"Even though this is a personal financial matter, I want to be clear about this to avoid any confusion," Ballmer said in the statement. "I remain excited about the potential for our technology to change people's lives, and I remain as committed to Microsoft as ever."

Just in case you were worried that Ballmer would not be able to clear another billion in a pinch, rest easy, he has 421,519,622 shares left. ®

Internet Security Threat Report 2014

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Internet Security Threat Report 2014
An overview and analysis of the year in global threat activity: identify, analyze, and provide commentary on emerging trends in the dynamic threat landscape.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.