Here's your chance to finally afford some Berkshire shares (BRK.B) tomorrow.
Berkshire Hathaway Inc. says shareholders have approved splitting the
company's Class B shares 50-for-1 as part of the company's $26.3
billion acquisition of Burlington Northern Santa Fe Corp.
The
stock split will enable Berkshire to offer even small BNSF shareholders
Berkshire stock as part of the acquisition of the nation's
second-largest railroad.
The stock split will make Berkshire's
Class B stock much more affordable at roughly $67 per share. But the
Class A shares, which remain the most expensive U.S. stock at over
$100,000, won't be split.
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To remove first post, remove entire topic.
Here's your chance to finally afford some Berkshire shares (BRK.B) tomorrow.
Berkshire Hathaway Inc. says shareholders have approved splitting the
company's Class B shares 50-for-1 as part of the company's $26.3
billion acquisition of Burlington Northern Santa Fe Corp.
The
stock split will enable Berkshire to offer even small BNSF shareholders
Berkshire stock as part of the acquisition of the nation's
second-largest railroad.
The stock split will make Berkshire's
Class B stock much more affordable at roughly $67 per share. But the
Class A shares, which remain the most expensive U.S. stock at over
$100,000, won't be split.
Having a stock split might attract people, but when that fizz is gone you have to see what you are owning and what a reasonable, slow PE is for the company.
I am also not sure if they pay a dividend, I would be shocked if it did or if it was of any size.
The stock is up 50% from last years lows..near a high for the year, not in bargain territory for me.
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I dont like that stock at all..
Having a stock split might attract people, but when that fizz is gone you have to see what you are owning and what a reasonable, slow PE is for the company.
I am also not sure if they pay a dividend, I would be shocked if it did or if it was of any size.
The stock is up 50% from last years lows..near a high for the year, not in bargain territory for me.
Berkshire Hath B: America lines up for piece of Buffett - WSJ -- WSJ reports on Friday, millions of Americans will for the first time
own a piece of Warren Buffett. Mr. Buffett's Berkshire Hathaway Inc.,
whose multi-thousand-dollar share price made it a thinly traded luxury
of wealthy investors and institutions, is going mainstream as it joins
the Standard & Poor's 500-stock index. More than $1 trillion of
investor money directly tracks the index. The result is a scramble for Berkshire shares by index funds that, by one estimate, will reach $14 billion of buying.
This further exposes Berkshire stock to the stratagems of fast-moving
traders, a brand of investor anathema to Mr. Buffett's general
buy-and-hold approach. Small-time investors, meanwhile, will finally be
getting a piece of Mr. Buffett just as uncertainty builds about the
future of his $178 billion conglomerate, which is one of the largest
public companies in the U.S., selling everything from insurance to
underwear. The 79-year-old Mr. Buffett is entering the twilight of his
career, and little is known about his succession plans, other than that
he has placed the name of his replacement in an envelope he keeps in
his office. Yet small investors are likely soon to have billions of
dollars more in Berkshire stock, thanks both to its entry into the
index and to a recent stock split.
0
Berkshire Hath B: America lines up for piece of Buffett - WSJ -- WSJ reports on Friday, millions of Americans will for the first time
own a piece of Warren Buffett. Mr. Buffett's Berkshire Hathaway Inc.,
whose multi-thousand-dollar share price made it a thinly traded luxury
of wealthy investors and institutions, is going mainstream as it joins
the Standard & Poor's 500-stock index. More than $1 trillion of
investor money directly tracks the index. The result is a scramble for Berkshire shares by index funds that, by one estimate, will reach $14 billion of buying.
This further exposes Berkshire stock to the stratagems of fast-moving
traders, a brand of investor anathema to Mr. Buffett's general
buy-and-hold approach. Small-time investors, meanwhile, will finally be
getting a piece of Mr. Buffett just as uncertainty builds about the
future of his $178 billion conglomerate, which is one of the largest
public companies in the U.S., selling everything from insurance to
underwear. The 79-year-old Mr. Buffett is entering the twilight of his
career, and little is known about his succession plans, other than that
he has placed the name of his replacement in an envelope he keeps in
his office. Yet small investors are likely soon to have billions of
dollars more in Berkshire stock, thanks both to its entry into the
index and to a recent stock split.
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