REDMOND, Wash., May 23, 2003 — Microsoft Chief Executive Officer Steve Ballmer confirmed Friday that he is selling some of his holdings of Microsoft®
stock to gain some diversification of his financial assets.
Before taking into account recent sales, according to the latest Microsoft proxy report, Ballmer, 47, held 470,968,074 shares of Microsoft stock as of Sept 9, 2002.
“Even though this is a personal financial matter, I want to be clear about this to avoid any confusion,”
Ballmer said.
“I remain excited about the potential for our technology to change people’s lives, and I remain as committed to Microsoft as ever.”
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