Do­na­tion to uni re­search

Townsville Bulletin - - Investor -

Don Voelte WOOD­SIDE Pe­tro­leum Ltd chief ex­ec­u­tive Don Voelte is do­nat­ing $ 1.72 mil­lion of his own money to nan­otech­nol­ogy re­search in his home state of Ne­braska. Mr Voelte, who raised the money from a sell down of his own stake in Wood­side and pre­vi­ously flagged sale due to tax rea­sons, yes­ter­day ad­vised he had sold 40,000 Wood­side shares at $ 43.078 each. The pro­ceeds have been do­nated to the Univer­sity of Ne­braska, United States, for nan­otech­nol­ogy re­search. Ne­braska-born Mr Voelte is a civil en­gi­neer­ing grad­u­ate from the same univer­sity.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.