Gains from these shares exceeded his total pay for FY2023 of $11.2 million, which was a cut of 27% from the preceding year.
On May 15, he sold 50,000 shares at an average of $35.4262 each. The following day, he sold another 75,000 shares at $35.62 each, the bank's filing to the exchange shows.
As indicated by earlier filings, he sold 150,000 shares at $35.4 each on May 10.
On May 6, he sold 20,000 shares at $35.78 and on May 7, he sold another 130,000 shares at $35.90.
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He started this recent round of selling on May 3, disposing 75,000 shares at $35.7443.
As at the end of May 16, he is left with 2,290,053 shares, worth some $81.75 million.
DBS shares gained 18% year to date. It became the first Singapore company to command a market value of more than $100 billion on May 2 after reporting yet another record quarter.
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