Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A


Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (5) |
Author: Philmordun   😊 😞
Number: of 15055 
Subject: New High Price for Repurchases?
Date: 08/05/2023 2:04 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 3
The face page of Berkshire's 10-Q, when compared to its related News Release (p. 2), indicates to me that it repurchased some combination of A and/or B shares equivalent to approximately 174 A shares between July 1 and July 26, 2023.

If I am correct, and if the purchase was all in A shares, the lowest price in that time frame (per Yahoo Finance) was $513,874.

If it was all in B shares, the lowest price was $338.41. However, if they observed the 5% rule, it appears to me that an "all B-share purchase" would have required 3 purchase days and the 3rd-lowest price day for the B's was on July 6 at $338.91.

If I've missed something here (not unlikely), please let me know.

Phil
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (5) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds