Word: divestment
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...time the Harvard Corporation voted to divest on April 4, the University’s portfolio mangers had already dumped Harvard’s entire $3.6 million holding in PetroChina on the New York Stock Exchange, the filings reveal...
...University continued to hold a large stake in PetroChina on the Hong Kong Stock Exchange—larger than its former holdings in New York—when the Corporation made its decision to divest, according to Jack R. Meyer, the management company president...
...know that what we thought was a very small amount of money was in fact much larger, which means that [the divestment] may in fact have a more tangible effect,” Manav K. Bhatnagar ’06, who helped lead the movement to divest, said in an interview yesterday...
...College’s decision is aligned with the University’s decision to divest from PetroChina,” O’Brien wrote. “Crimson Cash is the simplest and most equitable method of doing this...
Last month, Harvard sold its shares of stock in the Beijing-based oil company PetroChina after months of pressure from activists who criticized the company’s ties to the Sudanese government. The move made Harvard the first major institutional shareholder to divest from PetroChina since the Darfur crisis erupted, according to activists...