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Tags: US | Berkshire | Hathaway | Stock | Split

Berkshire Holders Approve Splitting B Shares

Wednesday, 20 January 2010 11:19 AM

Berkshire Hathaway Inc. says shareholders have approved splitting the company's Class B shares 50-for-1 as part of the company's $26.3 billion acquisition of Burlington Northern Santa Fe Corp.

The stock split will enable Berkshire to offer even small BNSF shareholders Berkshire stock as part of the acquisition of the nation's second-largest railroad.

The stock split will make Berkshire's Class B stock much more affordable at roughly $67 per share. But the Class A shares, which remain the most expensive U.S. stock at over $100,000, won't be split.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


FinanceNews
Berkshire Hathaway Inc. says shareholders have approved splitting the company's Class B shares 50-for-1 as part of the company's $26.3 billion acquisition of Burlington Northern Santa Fe Corp.The stock split will enable Berkshire to offer even small BNSF shareholders...
US,Berkshire,Hathaway,Stock,Split
87
2010-19-20
Wednesday, 20 January 2010 11:19 AM
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