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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: AdrianC 🐝  😊 😞
Number: of 19823 
Subject: Re: FYI, buybacks
Date: 04/15/26 11:42 AM
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Jim: For this purpose, a conversion of 1500:1 for B share buybacks doesn't seem to be appropriate. Management prefers A shares for buybacks and doesn't seem to buy B shares unless prices are both cheaper (relatively) and quite cheap (in an absolute sense, perhaps to take advantage of the liquidity to buy more shares). So I would NOT assume that management would be happy to buy B shares at 729500/1500. My guess is that a notional "happy with a B buyback at that time" might be more like (say) $475 per B instead of $486.

Berkshire Hathaway Inc Class B $474.82 as I write...
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