• Don't commit legacide

    Common but false legacy business ideas could be slient killers of innovation, says Ian Mann.

  • A special kind of coup

    Scared or compromised ANC leaders seem ready for collective suicide, says Solly Moeng.

  • Excuses, excuses...

    ‘White monopoly capital' is just a ploy to avoid SA’s real problems, say two analysts.

All data is delayed
Loading...
See More

Ex-BlackBerry boss dumps shares

Feb 14 2013 17:33
Reuters
Toronto - Shares of BlackBerry slipped on Thursday, after the company's former Co-Chief Executive Officer Jim Balsillie disclosed that he had sold his once-sizable stake in the embattled smartphone maker.

In a regulatory filing on Thursday, Balsillie said that by the end of last year he had sold his entire stake in the company.

Balsillie, who stepped down as CEO a year ago, owned about 26.8 million shares, or a roughly 5% stake in the company, as of December 31, 2011.

Shares of BlackBerry were down 3.4% at $13.52 in early trading on the Nasdaq, while its Toronto-listed shares fell 3.5% to C$13.51.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

blackberry

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
2 comments
Comments have been closed for this article.
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Do you think women are under-represented in leadership positions globally?

Previous results · Suggest a vote

Loading...