On Nov 7, he sold 100,000 shares at an average of $41.7513. The following day, he sold another 200,000 shares at $42.2023 apiece.
Investors who have chased shares of DBS Group Holdings to a new record over the last couple of trading days, might have, in a way, bought from outgoing CEO Piyush Gupta.
In a filing to the Singapore Exchange (SGX:S68
) on Nov 11, DBS says that Gupta, who helped led the bank to its record levels of profitability and market value, has cut his stake last week.
