Market Overview

Berkshire Hathaway Buysback 9,200 Class A Shares at $131K/Share

Share:
Related BRK-A
The 8 Best Charts In The World After Super Bowl 50
Sears Spinoff Seritage Growth Up Huge After Warren Buffett Takes 8% Stake
Related BRK-B
Finding Dividend Growth With Financial Services ETFs
S&P 500 Index Futures Trading Lower In Volatile Session

Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) has purchased 9,200 of its Class A shares at $131,000 per share from the estate of a long-time shareholder. The Board of Directors authorized this purchase coincident with raising the price limit for repurchases to 120% of book value. Berkshire may purchase additional shares in the market or through direct offerings at no more than 120% of book value.

Posted-In: News Buybacks

 

Related Articles (BRK-A + BRK-B)

View Comments and Join the Discussion!

Get Benzinga's Newsletters