Reason Behind Stephanie McMahon Selling Her WWE Stock Revealed

Reason Behind Stephanie McMahon Selling Her WWE Stock Revealed

Pictured: Stephanie McMahon | Send Us Your Photo

Source: The New York Post

We've noted over the past few months how Stephanie McMahon has been cashing in her WWE stocks. The New York Post reports that Stephanie has cashed in $8.3 million in company stock because, according to a statement WWE gave to the paper, is "selling a portion of her class B shares for personal financial purposes that include building a house."

The story also notes that Stephanie cashed in about 1/3 of her WWE B (super-voting) stock to finance the home. The sales were carried out over 43 separate transactions, the last on October 7th. The article stated that the sales grew so regular and large that "fan blogs like WrestlingInc.com" started commenting on them.

The Post noted that Stephanie owns properties in Westport, CT and Manhattan.

Got a news tip or correction? Send it to us by clicking here.

Short URL: http://winc.cc/hspv6y

« Previous Headline | Comment | Main | Next Headline »

WrestlingInc.com is the largest independently owned wrestling website in the world (Source: Alexa). Become a fan on Facebook, follow us (@WrestlingInc) on Twitter:

MOST POPULAR

Will Michael Sam accepts WWE's invitation and appear on RAW next Monday?
Yes, he will appear live on the show
Yes, he will appear via satellite or taped segment
No