Money and Finance
- Berkshire Hathaway Buys Back $1.2 Billion Of Class A Stock
With the share repurchase ceiling increased to 120% of book value, Berkshire can now buy back A shares up to a little over $134,000 per share, and B shares up to a little over $89 per share. Berkshire Hathaway Inc (BRK-A) spent $1.2 billion buying back...
- Buffett's Latest Bargain: Berkshire Hathaway
For all the adulation he receives, Warren Buffett isn't getting credit where it arguably counts the most: his company's share price. Berkshire Hathaway's Class A shares trade around $128,000 a share. While that's a big number, it's...
- Watsa’s Fairfax Becomes Rim’s Biggest Shareholder
Research In Motion Ltd. (RIMM) shareholder Fairfax Financial Holdings Ltd. (FFH) almost doubled its stake in the BlackBerry maker, making it RIM’s biggest investor and offering a vote of confidence to the ailing Canadian company. Fairfax, an insurer...
- Berkshire Hathaway Raisess Tesco Stake To 5.1%
Billionaire investor Warren Buffett increased his stake in Tesco Plc (TSCO) to 5.08 percent after a slump in the share price of the U.K.’s largest supermarket chain. Buffett’s Berkshire Hathaway Inc. (BRK/A) raised the holding from 3.21 percent and...
- June Dividend Update
Happy 4th of July for those of you in the USA. Time for my June update. This months dividend total was a new record high for me at $288.03 which is up 14% from the $252.03 that I made last quarter in March. In comparison, last years June total was $227.91...
Money and Finance
Berkshire Hathaway takes $3.7 billion stake in Exxon Mobil
Warren Buffett's conglomerate Berkshire Hathaway owned a stake of about 40 million shares in oil major Exxon Mobil as of the end of September, according to an SEC filing on Thursday.
Based on the most recently available holdings data, that would be enough to make Berkshire the 6th-biggest holder of Exxon shares, with about one percent of the shares outstanding.
The stake was worth $3.74 billion at Thursday's closing prices.
- Berkshire Hathaway Buys Back $1.2 Billion Of Class A Stock
With the share repurchase ceiling increased to 120% of book value, Berkshire can now buy back A shares up to a little over $134,000 per share, and B shares up to a little over $89 per share. Berkshire Hathaway Inc (BRK-A) spent $1.2 billion buying back...
- Buffett's Latest Bargain: Berkshire Hathaway
For all the adulation he receives, Warren Buffett isn't getting credit where it arguably counts the most: his company's share price. Berkshire Hathaway's Class A shares trade around $128,000 a share. While that's a big number, it's...
- Watsa’s Fairfax Becomes Rim’s Biggest Shareholder
Research In Motion Ltd. (RIMM) shareholder Fairfax Financial Holdings Ltd. (FFH) almost doubled its stake in the BlackBerry maker, making it RIM’s biggest investor and offering a vote of confidence to the ailing Canadian company. Fairfax, an insurer...
- Berkshire Hathaway Raisess Tesco Stake To 5.1%
Billionaire investor Warren Buffett increased his stake in Tesco Plc (TSCO) to 5.08 percent after a slump in the share price of the U.K.’s largest supermarket chain. Buffett’s Berkshire Hathaway Inc. (BRK/A) raised the holding from 3.21 percent and...
- June Dividend Update
Happy 4th of July for those of you in the USA. Time for my June update. This months dividend total was a new record high for me at $288.03 which is up 14% from the $252.03 that I made last quarter in March. In comparison, last years June total was $227.91...