Michael Dell Plans Record $2.9 Billion of Share Sales This Year
- Dell filed to sell 10 million shares now worth $1.3 billion
- His hardware company surged this year on AI optimism
This article is for subscribers only.
Michael Dell is on a selling spree.
The chief executive officer of Dell Technologies Inc. intends to sell 10 million shares worth $1.3 billion, according to a regulatory filing dated June 6. Combined with shares worth $1.6 billion he and the Michael & Susan Dell Foundation unloaded earlier this year, 2024 is on track to be his biggest selling year ever.