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Jeff Bezos filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion.
The Amazon executive chairman notified the US Securities and Exchange Commission of the sale of close to 12 million shares of common stock on Feb 7 and Feb 8.
The collective value of the shares of Amazon, which is based in Seattle, was over $2.04 billion, according to the listed price totals. The stocks were grouped in five blocks between 1 million and more than 3.2 million.
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