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CEO Dimon to sell JP Morgan shares worth $141 million
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JPMorgan Chase CEO Jamie Dimon wants to sell shares currently worth about $141 million, the first such transaction since he took the helm at the Wall Street giant almost 18 years ago. Dimon and his family plan to kick off the disposal of 1 million of the lender's shares next year for financial diversification and tax-planning, according to a regulatory filing.
JPMorgan shares closed at $140.76 in New York on Thursday. The top executive «continues to believe the company's prospects are very strong and his stake in the company will remain very significant,» JPMorgan said in the statement.
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