Tim Cook sells کے 750 million worth of Apple shares.

The transaction came in a regulatory filing on Thursday, which found that Coke acquired and sold more than 5 million shares of the iPhone maker.

As head of the world’s most valuable company, Cook has won high-profile stock awards in recent years.

One incentive was linked to Apple’s performance in the S&P 500 over the past three years. The stock award was mobilized this week as the firm was one of the top performers in the index, generating about 192 192% shareholder returns from August 2018 to 2021.

Apple (AAPL) Is the world’s most valuable company with a market cap of 4 2.4 trillion. Its stock has risen about 11% so far this year.
According to a separate regulatory filing on Tuesday, Cook’s demise came just days after he donated 70,000 Apple shares (worth about ڈالر 10 million) to the charity. He did not reveal the name of the recipient.
According to the Bloomberg Billionaires Index, the chief executive officially became a billionaire last year, estimated at about 1.5 1.5 billion.
Cook joined Apple in 1998 and held a variety of senior roles before taking up his current position, including chief operating officer and executive vice president of sales and operations around the world. He was named CEO in August 2011, after co-founder Steve Jobs publicly resigned. Jobs died weeks later from complications of pancreatic cancer.
Prior to joining Apple, Cook did Compaq and IBM (IBM).

In 2014, Cook made history by becoming the first gay Fortune 500 CEO to emerge. The following year, he pledged to donate most of his wealth to charity.


Leave a Reply

Your email address will not be published.