Disney CEO Bob Iger Buys $1 Million Worth Of Apple Stock

Posted Dec 2, 2011

The Walt Disney Company (NYSE:DIS) CEO Bob Iger has bought around $1 million worth of Apple Inc. (NASDAQ:AAPL) shares earlier this week. This is a symbolic gesture in Iger’s confidence about Apple’s prospects. Iger joined Apple’s board on November 15th. He bought 2,670 Apple shares on the open market on Tuesday at an average price of $375 each. Iger’s wife owns 75 Apple shares. [Reuters]