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JPMorgan CEO Jamie Dimon to Sell One Million Shares

JPMorgan CEO Jamie Dimon to Sell One Million Shares

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Updated October 27, 2023 at 8:41 a.m. ET

Jamie Dimon plans to sell part of its shares in J.P. Morgan Continue for the first time.

Dimon, the chief executive, intends to sell one million of his current 8.6 million shares “for financial diversification and tax planning purposes,” the bank said in a statement Friday. Sales would begin in 2024 and would be subject to a predetermined business plan.

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With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
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