No. of Recommendations: 6
The absolute lowest repurchase price that Buffett could have paid during that stretch was $590,340 (intraday on Feb 13)
Just remember, old friend, that it appears that the repurchases were primarily A-shares and he does have a phone number for A-share holders to call and negotiate big blocks of stock. He may have paid up more than he otherwise would to grab a big block (he seems interested in leaving as few A-shares as possible out there for the post-Buffett period) or he may have paid a price the shares never traded at during the quarter. We'll see soon enough.
A company I own shares in, Nelnet (NNI, of Lincoln Nebraska), did this type of repurchase in Q4. They repurchased shares at a price that was never seen in the public markets during the quarter.
