Vince McMahon Sells 1.5 MIllion Shares Of WWE Stock On Wednesday

Vince McMahon sold 1.547 million shares of WWE stock today. The sale price was not revealed, but it’s believed to have netted the WWE chairman over $32 million.

This is not the first major sale executed on behalf of Mr. McMahon this year. He sold over 2 million shares this past may, netting him over $36 million.

According to the SEC filing, the sale was done for estate planning purposes and asset diversification.

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