In the first half of the month AMD management got rid of 2 million shares

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POSTER: computer news   ||   IN THE FIRST HALF OF THE MONTH AMD MANAGEMENT GOT RID OF 2 MILLION SHARES	DATE:2016-11-23
As we have noted today , AMD shares this fall, pleasing investors almost continuous growth and a jump last week, experts explain the optimism against the background of a Google ad deal, which involves the supply of "cloud" the Internet giant accelerators computing solutions based on AMD GPUs. Forbes publication reports that in the first half of November AMD top managers en masse  sell their shares - in total, were sold about 2 million securities at an average price of $ 7 per share..  Before the peak for the last part of the year the price of more than $ 9 per share, AMD CEO and financial director do not have lasted but a similar movement of the securities was due to the peculiarities of the compensation policy of the company.  The fact is that in November, AMD management has traditionally received the shares as a reward for the work and for the payment of taxes for the "fresh packs" leaders prefer to sell part of the shares that already own. For example, CEO Lisa Susecond day of November received a half million AMD shares, and to pay taxes has sold 665,414 shares two days later.  CFO Devinder Kumar has received 515,102 shares and sold 312,469 shares.  AMD representatives confirmed that the sale of shares in the leadership was associated with the need to pay taxes for the received remuneration packages. Related Products :

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