Intel CEO Lip-Bu Tan Purchases $12 Million Worth of Company Shares Out of His Own Pocket
4 day ago / Read about 0 minute
Author:小编   

Intel has increased the total amount of its share offering from $15 billion to $20 billion, issuing 210,526,315 shares at a price of $95 per share and granting underwriters a 30-day over-allotment option. Intel CEO Lip-Bu Tan, along with a family member, will invest $12 million of their own money to participate in this offering. Daniel Newman, Executive Officer of Futurum Group, believes that this demonstrates strong confidence in Intel's future prospects.

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