2023-10-27 13:35:08
Jamie Dimon, who has headed JP Morgan Chase since 2005, currently owns more than eight million shares of the bank and two million other categories of securities or rights.
Jamie Dimon, boss of JPMorgan Chase, will resell from 2024 one million shares that he holds in the capital of the American bank, a first since his accession to the head of the establishment in 2005, which currently represents around 140 million dollars, the bank announced this Friday.
“Jamie Dimon continues to believe that the company’s prospects are very strong and his stake in the company will remain very significant” following the sale, specifies a document available Friday on the website of the SEC, the American stock market watchdog. .
“This is Jamie Dimon’s first share sale since his tenure with the company,” he said.
Desire for financial diversification
Jamie Dimon and his family currently own approximately 8.6 million shares. It also has just over two million other categories of titles or rights, according to the document. The sale of part of the securities – according to an ad hoc plan – is justified by a desire for financial diversification and for tax reasons.
JPMorgan shares ended Thursday’s session on the New York Stock Exchange at $140.76 (+0.26%). In electronic exchanges before the opening on Friday, it fell by 1.17%.
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