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Zuckerberg Has No Plans To Sell Facebook Shares This Year

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Facebook CEO Mark Zuckerberg delivers a keynote during the Facebook f8 Developer Conference at the San Francisco Design Center in San Francisco on September 22, 2011. (Kimihiro Hoshino/AFP/Getty Images)

Facebook CEO Mark Zuckerberg delivers a keynote during the Facebook f8 Developer Conference at the San Francisco Design Center in San Francisco on September 22, 2011. (Kimihiro Hoshino/AFP/Getty Images)

MENLO PARK (CNET) – In an SEC filing late Tuesday, Facebook said that founder and CEO Mark Zuckerberg “has no intention to conduct any sale transactions… for at least 12 months.”

This comes as Facebook’s stock today fell once again, closing down 1.8 percent to a record low of $17.73 Tuesday. That’s more than 54 percent off its mid-May IPO price of $38.

Read The Rest Of The Story From CNet News

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