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Facebook and Zuckerberg sell shares for almost 4 billion dollars

The announcement of the sale comes just days after the social network was called to join the S&P 500, Wall Street's benchmark stock, as of Friday.

Facebook and Zuckerberg sell shares for almost 4 billion dollars

Facebook has launched a maxi plan for the placement of 70 million ordinary shares of class A, as part of a secondary offer in which the managing director Mark Zuckerberg will sell shares for about 2,3 billion dollars. As reported by the Wall Street Journal, Facebook will sell 27 million titles, while Zuckerberg will put 41,4 million on the market; the remainder will come from other shareholders: at yesterday's closing price of $55,57 per share, the total value of the offer is 3,9 billion dollars.

The announcement of the sale comes just days after the social network was called to join the S&P 500, Wall Street's benchmark stock, as of Friday.

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