Al Gore Buys Apple Shares

January 31, 2008 at 4:56 pm Leave a comment

     According to NYPost, former US vice-president and current Apple board member Al Gore has exercised an option to buy 1000 Apple shares at $7.48 each. As a part of his contract to sit on the Apple board, Gore was originally given the option to buy 60,000 Apple shares. Gore could make a potential profit of about 7.4 million dollars if he were to buy all 60,000 allotted shares at the reduced price of $7.48 and sell them at current market price of about $131 per share.

Read more from NYPost

D.S.

Entry filed under: AAPL shares. Tags: , .

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