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February 4, 2014updated 04 Apr 2017 2:32pm

Chairman of Charles Schwab in $12.58m share sale

Charles R Schwab, chairman of Charles Schwab Corp., the US-based company operating in the financial services sector, has sold 500,000 shares, representing 0.0388% stake in the company.

By PBI Editorial

Charles R Schwab, chairman of Charles Schwab Corp., the US-based company operating in the financial services sector, has sold 500,000 shares, representing 0.0388% stake in the company.

The shares were sold at a price of $25.16 each for gross proceeds of $12.58m.

Full Name: Charles Robert SchwabDOB: 1937Gender: MaleCitizenship: AmericanLanguages: English

Liquidity EventThe shares were sold on January 30th, at a price of $25.16 each for gross proceeds of $12.58m.

Profile:Charles Robert Schwab, Jr was born on 29 July 1937 in Sacramento, California. He is the investor and the founder of the Charles Schwab Corporation. He attended Santa Barbara High School in Santa Barbara, California. A practicing Roman Catholic, he and his wife Helen currently live in Woodside, California, and are involved in philanthropy.

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