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JPMorgan Chase CEO Jamie Dimon vanished nan planned waste of his 1 cardinal shares successful nan slope connected Monday.
Dimon offloaded nan remaining 178,222 shares connected Monday, worthy astir $33 million, according to a filing pinch nan Securities and Exchange Commission (SEC). He sold 821,778 shares successful February astatine a worth of astir $150 million.
The slope said successful precocious October that Dimon and his family would waste 1 cardinal shares successful 2024 "for financial diversification and tax-planning purposes." JPMorgan Chase said astatine nan clip that it was his "first specified banal waste during his tenure astatine nan company."
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Dimon’s full nonstop and indirect holdings of JPMorgan banal totaled astir 7.7 cardinal pursuing Monday’s transaction.
JPMorgan Chase CEO Jamie Dimon astatine nan UK Global Investment Summit astatine Hampton Court Palace successful London, U.K., connected Nov. 27, 2023. (Photographer: Chris Ratcliffe/Bloomberg via Getty Images / Getty Images)
| JPM | JPMORGAN CHASE & CO. | 182.89 | +0.10 | +0.05% |
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The JPMorgan Chase CEO has now collected astir $183 cardinal from nan sale.
The JPMorgan shares that Dimon owns person contributed to his $2 cardinal individual fortune, per Forbes.
JPMorgan Chase's Jamie Dimon elaborate nan recession "possibility" facing Americans connected "Mornings pinch Maria" Tuesday. (Jeenah Moon/Bloomberg via Getty Images / Getty Images)
JPMorgan shares are up 4.6% twelvemonth to date. In nan past 12 months, it has climbed astir 29%.
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"We proceed to beryllium a pillar of spot for our clients, communities and markets crossed nan world – while besides delivering for shareholders," Dimon said earlier this period astir JPMorgan Chase.
