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Aug 5 (Reuters) - Amazon.com Inc Chief Executive Officer Jeff Bezos offloaded $990 million worth of shares in the company last Thursday and Friday, taking the total value of shares sold last week to $2.8 billion.
In the last three days of July, Bezos has sold stock worth about $1.8 billion, regulatory filings https://www.sec.gov/Archives/edgar/data/1018724/000101872419000083/xslF345X03/wf - f o r m 4 t 1 5 6 5 0 4 0 8 2 7 2 9 9 3 7 . x m l with the Securities and Exchange Commission showed.
Amazon declined to comment on Bezos' stock sale.
The move comes as part of a previously announced 10b5-1 trading plan. Bezos had previously said he plans to sell stock worth about $1 billion each year to fund his rocket company, Blue Origin.
Bezos' former wife, Mackenzie Bezos, who currently owns Amazon stake worth more than $37 billion, is now the online retailer's second largest individual shareholder. (Reporting by Manojna Maddipatla in Bengaluru and Jeffrey Dastin in San Francisco; editing by Gopakumar Warrier)