
Alex Crippen
Senior Coordinating Producer at CNBC
Tracking all things Warren Buffett for @CNBC and https://t.co/JRuG7VdhQd's Warren Buffett Watch newsletter (https://t.co/9aA12SfZfi)
Articles
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Aug 31, 2024 |
nbclosangeles.com | Alex Crippen
(This article is from the Warren Buffett Watch newsletter. Sign up here.)Warren Buffett has added around $6 billion to Berkshire Hathaway's sizable cash pile this summer with a string of Bank of America stock sales since mid-July. According to a new filing Friday, sales of 21.1 million shares on Wednesday, Thursday, and Friday generated $848.2 million, which is an average price of $40.24. Berkshire has sold Bank of America shares for six straight sessions.
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Aug 31, 2024 |
msn.com | Alex Crippen
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Aug 31, 2024 |
cnbc.com | Alex Crippen
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Aug 31, 2024 |
nbcchicago.com | Alex Crippen
Warren Buffett has added around $6 billion to Berkshire Hathaway's sizable cash pile this summer with a string of Bank of America stock sales since mid-July. According to a new filing Friday, sales of 21.1 million shares on Wednesday, Thursday, and Friday generated $848.2 million, which is an average price of $40.24. Berkshire has sold Bank of America shares for six straight sessions. Since it began to reduce its holding on July 17, it has sold shares during 21 of the past 33 sessions.
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Aug 1, 2024 |
nbcchicago.com | Yun Li |Alex Crippen
Warren Buffett is not done selling Bank of America. Berkshire Hathaway shed a total of 19.2 million BofA shares on Tuesday, Wednesday, and Thursday for almost $779 million at an average selling price of $40.52 per share, according to a new regulatory filing. The conglomerate has now been offloading the bank stock for 12 consecutive days with total sales now exceeding $3.8 billion. Its remaining 942.4 million shares have a market value of $37.2 billion at Thursday's close of $39.50.
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