No. of Recommendations: 9
I am confused>>>Where in proxy does it show additional buybacks in 2024? Average price estimated at above $400/B share???In the proxy statement on page one Berkshire lists the share count as of the close of business on March 6, 2024. Industrious folks compare that share count to the total share counts at December 31st and Feb. 12th which have been previously disclosed in the 10-K. Then they estimate a price paid. The price paid is a guess. Warren could have purchased a large block of A-shares privately at a price never seen in the public markets during the period.
"As of the close of business on March 6, 2024, the record date for the Annual Meeting, the Corporation had outstanding and entitled to vote 563,678 shares of Class A Common Stock (hereinafter called “Class A Stock”) and 1,310,995,008 shares of Class B Common Stock"
https://www.sec.gov/ixviewer/ix.html?doc=/Archives...