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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: nola622   😊 😞
Number: of 15056 
Subject: BHE-BYD update
Date: 11/04/2024 10:54 AM
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I posted this elsewhere but here is an update on BHE's continued selling of BYD shares (HK:1211). At the final required disclosure from Hong Kong, BHE owned 54.2m shares on 7/16. Looking at BHE's 10Q it appears they owned about 22.66m shares on 9/30. Obviously we know they used the cash to repurchase BHE shares from Scott estate owners and repay their $600m promissory note. I wouldn't be surprised if the BYD ownership is near zero by now since the share price was ramping higher into quarter end. I guess we'll find out in the 10-K.

22.66m HK:1211 shares were worth about $825m on 9/30
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