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