Welcome to our dedicated page for BRKA news (Ticker: BRKA), a resource for investors and traders seeking the latest updates and insights on BRKA stock.
Berkshire Hathaway (BRKA) maintains its position as a global conglomerate through strategic acquisitions, insurance operations, and value-driven investments. This news hub provides investors and analysts with timely updates on corporate developments across its diverse business units.
Access authoritative reporting on earnings announcements, subsidiary performance, and capital allocation decisions. Our curated collection features official press releases alongside third-party analysis of BRKA's unique approach to long-term value creation.
Key coverage areas include quarterly financial results, leadership updates, major acquisitions, and insights into Warren Buffett's investment strategy. All content undergoes rigorous verification to ensure alignment with SEC regulations and factual accuracy.
Bookmark this page for continuous access to BRKA's evolving corporate narrative. Combine official statements with expert commentary to inform your analysis of this complex, multi-industry enterprise.
Warren E. Buffett announced the conversion of 8,674 A shares into 13,011,000 B shares to facilitate the donation of 13,008,758 B shares of Berkshire Hathaway stock to five foundations. These include 9,930,357 shares to the Bill & Melinda Gates Foundation Trust, 993,035 shares to the Susan Thompson Buffett Foundation, and 695,122 shares each to the Sherwood Foundation, Howard G. Buffett Foundation, and NoVo Foundation. Post-donation, Buffett holds 207,963 A shares and 2,586 B shares. He emphasizes that from 2006 to the present, he has neither bought nor sold any Berkshire shares and does not intend to. The donations align with lifetime commitments made in 2006, and his will stipulates that over 99% of his estate will go to philanthropic causes. As of now, Buffett's remaining A shares are valued at about $127 billion, representing roughly 99½% of his net worth.
Berkshire Hathaway Inc. reported its first-quarter earnings for 2024, revealing a significant decrease in net earnings compared to the same period in 2023. Net earnings attributable to Berkshire shareholders were $12.7 billion, with investment gains amounting to $1.48 billion and operating earnings at $11.22 billion. Earnings per Class A Share were $8.825, while for Class B Share it was $5.88. The company also highlighted the importance of the 10-Q report for detailed investment judgment.
Berkshire Hathaway Inc. will release its first-quarter earnings on May 4, 2024, along with Form 10-Q. The 2024 Annual Shareholders Meeting will feature Warren Buffett, Greg Abel, and Ajit Jain in a Q&A session broadcast on CNBC. The meeting will showcase the Annual Meeting movie previously exclusive to attendees in Omaha.
