Gazprom Chairman Sold His Entire Company Stake In February, A Day Before Shares Fell 13 Percent: Report

By @gmorcroft on
Russia's President Putin speaks with Zubkov at the Kremlin in Moscow (Reuters)

Viktor Zubkov, the chairman of the board of Russian energy giant Gazprom, sold his entire stake in the company on February 11 for about $127,000, according to a statement filed by the company and reported by Russian media.

According to the report, Zubkov's stake amounted to just 0.00098739% of the company.

Zubkov's shares were sold exactly one day before the company's stock fell nearly 13 percent. The stock has since recovered somewhat, but it fell recently due to the standoff between Russia and the West over the conflict in Ukraine.

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