Microsoft Corp Chief Executive Steve Ballmer sold shares in the company worth about $1.3 billion in the last few days, cutting his stake in the company by about 12 percent, according to a filing with securities regulators on Friday.
Ballmer, CEO since 2000, sold 49.3 million shares in the last three days, according to the filing, at prices between $26 and $28 per share.
He still holds about 359 million Microsoft shares, worth about $9.6 billion, which makes him the second largest shareholder behind Chairman and co-founder Bill Gates.
Ballmer, CEO since 2000, sold 49.3 million shares in the last three days, according to the filing, at prices between $26 and $28 per share.
He still holds about 359 million Microsoft shares, worth about $9.6 billion, which makes him the second largest shareholder behind Chairman and co-founder Bill Gates.

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