Berkshire Hathawa

Berkshire Hathaway Inc. BRK I have stopped the stock -purchasing program.

What happened: From February 10 to March 5, Berkshire Hathaway refrained from reformulating any shares.

a report from Barron’s, citing the statement of the company’s agent, which was issued on Friday, confirmed that there are approximately 1.438 million shares hanging from March 5, indicating that there is no re -purchase during this period.

This comes at a time when the company’s shares are close to its highest levels, which represents the longest period without the re -purchase since the CEO Warren Buffett The extended purchase authority was awarded in 2018.

Despite the absence of re -purchases, Berkshire continued to perform strongly, as the S&P 500 exceeded this year.

Also read: Here is how Warren Buffett has achieved billions of industry he did not understand

Investors are attracted to the various profits base in the company and a defensive call, supported by more than 300 billion dollars in cash and its equivalent.

According to Benzinga Pro, the first -class Berkshire shares on Friday increased by 1.9 % to 771,250 dollars, about to increase a record level, while Category B shares increased by 2 % to $ 514.60.

The arrow witnessed a profit of approximately 13 % this year, exceeding the S&P 500 significantly by 4 %.

Why do it matter: Analysts estimate that the fundamental value of Berkashire is close to the price of its current share. If the stock price remains high, the company may continue to refrain from the re -purchases of shares throughout the year, according to Barron.

This may affect the future financial strategies of the company and the feeling of investors.

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