Facebook’s Secondary Market Price At $44.10 Per Share Values Facebook At $104 Billion

Posted on Apr 2 2012 - 9:34am by Editorial Staff

Whoa! Whoa! This is what every person who love the social networking giant and waiting for its giant IPO, SharePost reported that the last auction of Facebook shares on the secondary markets has been completed with the final share price of a $44.10 values Facebook at roughly $104 billion. Facebook intends to raise $5 billion in a public offering of its shares later this year. Earlier today, Facebook’s co-founder exercised stock options worth around $4.8 billion.

According to SharesPost, this truly is the last private Facebook auction: “Barring something entirely unexpected, this will be our final auction of the shares of Facebook.” Via SharesPost’s own reporting, at today’s final share price, some $425,000,000 of Facebook stock moved through its auction process, or less than half of one percent of all stock that exists.

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.