Piyush Gupta, CEO of DBS Group Holdings, has sold 75,000 shares of the company, fetching a price of S$35.74 per share, according to recent filings on the Singapore Exchange.
Before this transaction, Gupta’s holdings included 2,790,053 ordinary voting shares, equivalent to 0.098% of the company’s total shares.
After the sale, his stake decreased to 2,715,053 shares, representing 0.095% of the total voting shares.
This transaction was made on 3 May 2024, just a day after DBS Group announced that its net profit for the first quarter of 2024 rose 15% from a year ago, reaching a record S$ 2.96 billion.
