The Dimon family’s stake in the bank is worth about $1.21 billion
In a Securities and Exchange Commission filing, Dimon said he and his family plan to sell 1 million of their roughly 8.6 million in JPMorgan sharesJPMorgan Chase Chairman and Chief Executive Jamie Dimon and his family plan to sell roughly 12% of their stake in the nation’s largest bank by assets, as Dimon begins to cash in his holdings after years of accumulating stock in his employer.
In a Securities and Exchange Commission filing, Dimon said he and his family plan to sell 1 million of their roughly 8.6 million in JPMorgan shares for “financial diversification and tax-planning purposes,” starting in 2024.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JPMorgan CEO Dimon to sell some of his stake in 2024JPMorgan CEO Dimon to sell some of his stake in 2024
Read more »
Jamie Dimon and family selling one million shares of JPMorgan stock for 'financial diversification' purposesStock sale is worth about $140 million based on recent stock price
Read more »
Candace Cameron Bure Doesn't Speak for Great American Family, Says CEOGreat American Family’s Bill Abbott addressed Candace Cameron Bure’s role at the network after her comments angered the LGBTQ+ community
Read more »
Great American Family CEO says Candace Cameron Bure doesn't speak for network on LGBTQ viewsGreat American Family boss Bill Abbott says Candace Cameron Bure doesn't speak for the network when it comes to LGBTQ storytelling — but he's not committing to putting same-sex couples on screen.
Read more »
Great American Family CEO: Candace Cameron Bure is 'not speaking' for the network“It’s like the disclaimer you see at the end of a movie or a series that says, ‘The views reflected here are not necessarily those of the company,'” the executive said.
Read more »