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Author: rnam ✧  😊 😞
Number: of 15062 
Subject: DeVita Share Sale Agreement
Date: 05/02/2024 10:49 AM
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Dialysis provider DaVita has reached a share repurchase agreement with Warren Buffett’s business conglomerate Berkshire Hathaway, the company’s largest stockholder.

Per the terms, the Omaha, Nebraska-based investment giant will sell any shares it owns more than its 45.0% stake in DaVita every quarter, the company announced in a regulatory filing late Wednesday.

The company is expected to buy shares on a volume-weighted average per-share basis, calculated using the prices applicable to the stocks it repurchased from public investors over that period.

https://seekingalpha.com/news/4098627-davita-stock...
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