How has Burberry suddenly raised $5.3 million? It seems through the clever tactics of CEO Angela Ahrendts after she cashed in some of her company shares. Ahrendts sold about 400,000 shares which were priced between $13.44 and $13.58 leading her to pay roughly $1.28 million in taxes. The shares were sold to help raise capital for Burberry, and Ahrendts seemed determine to keep it in the family. As they say, what you sow you reap (or rather you reap what you sow.)
Image credit: Burberry.com
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