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Friday
May292015

Apple CEO donates stocks worth approximately US$6.5 million

DateFriday, May 29, 2015 at 11:03PM

Apple CEO Tim Cook has been known to promote charity as a key mission for the tech company. Practicing what he preaches, Cook has donated 50,000 Apple stock shares to unidentified charities this week. According to the Securities and Exchange Commission filing, stock price of Apple is around US$130 per share so that would make the donation equivalent to around $6.5 million. Cook previously made a personal donation to Project One America, an LGBT equality campaign.

Source: 9to5Mac

AuthorNicole Batac | CommentPost a Comment |
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