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A comment on Apple chief Tim Cook faces shareholder revolt over $99M pay package. Parent comment

Re:Apple chief Tim Cook faces shareholder revolt over $99M p... by barry-cotter on Friday February 18, 2022 @02:24AM (#30383016)
When the news broke Steve Ballmer was stepping down Microsoft stock jumped $2 billion. If it’s possible to be worth -$2 billion it’s possible to be worth $100 million.
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Re:Apple chief Tim Cook faces shareholder revolt over $99M p... by ckastner on Friday February 18, 2022 @02:53AM (#30383194)
It remember that is was far more than that.

Without having invested too much time into this, Microsoft's market cap back then was around $270bn, and the stock rose by around 7% on 2013-08-23, the day is retirement plans were announced. So the stock jumped close to $20bn.

Historical prices according to Yahoo on 2013-08-23: closed at 34.75, previous close was 32.39.

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Re:Apple chief Tim Cook faces shareholder revolt over $99M p... by itsdrewmiller on Friday February 18, 2022 @09:24AM (#30386017)
I haven’t read the article, but I assume it is 100mm annually not a lifetime achievement award.
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