Preview - Please log in to view full article.

Article Date: June 2023
Word Count: 135

Kevin Plank Sells $100 Million in Under Armour Stock

UA’s founder and chairman divested about 16 million class C shares to BDT Capital Partners, which is an affiliate of merchant bank, BDT & MSD Partners. The sale reduces Plank’s ownership in the company by about 24%, leaving him with approximately 51 million shares across the three classes of stock. However, the sale does nothing to impair Plank’s ... Log in to view full article.


Already a subscriber?

User Name:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.