• Inside Labour

    Away with empty rhetoric and slogans - labour needs to focus on real issues, says Terry Bell.

  • Wrap-up: Davos insights

    Alec Hogg speaks about the top three issues at this year's World Economic Forum.

  • Netflix and SA video

    Much of Netflix's potential impact on SA has already been made, says Arthur Goldstuck.

Loading...
See More

Ex-BlackBerry boss dumps shares

Feb 14 2013 17:33 Reuters


Related Articles

Why BlackBerry faces a tough battle

BlackBerry wants to break new ground

RIM reveals BlackBerry comeback plan

Samsung, Apple lead smartphone race

Vodafone hit by BlackBerry glitch

BlackBerry reinvented

 
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

 

Latest Articles

Fun and inexpensive things to do with the kids Read More...
8 simple ways to earn extra money Read More...
6 motivational tips to help you save this year Read More...
Invest for Income Read More...
 
 

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
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Money Clinic

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