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Comcast CEO Brian Roberts Sells $20.4 Million in Company Stock
Comcast CEO Brian Roberts sold $20.4 million worth of stock, representing a small portion of his holdings in the media and cable giant.
The Class A shares sold were restricted stock units and options he acquired as part of his compensation in January and March of this year, according to an SEC filing Tuesday. “When you look at our assets, talented management team and balance sheet strength, we are able to set these businesses up for future growth,” Roberts said in announcing the cable spinoff plans. “With significant financial resources from day one, SpinCo will be ideally positioned for success and highly attractive to investors, content creators, distributors and potential partners.”
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