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WWE Chairman and CEO Vince McMahon Recently Sold More WWE Stock

Posted By: Ben Jordan Kerin on Dec 04, 2018

WWE Chairman and CEO Vince McMahon continues to sell off more of his WWE stock. In November McMahon sold 306,000 shares of company stock in which he made $22,866,523.61 from the sale.

McMahon's current WWE stock holding stands at 31,887,375, and at the current price of $73.59 per share he would have a combined value of $2.4 billion.

It is believed McMahon is selling to stock to help fund his XFL relaunch in 2020, McMahon previously sold $100 million worth of stock in order to fund Alpha Entertainment, his new company which will back the XFL.

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