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Berkshire Hathaway Board wants to Split Class B shares

A recent SEC filing states that the Board of Directors unanimously approved, has declared to be advisable and is recommending to the shareholders of the Corporation for approval a 50-for-1 stock split of the Corporation’s Class B stock. The Board wants recommends this split regardless of the Burlington Northern Santa Fe deal.

Read the SEC filing here.

BrkbStockSplit

Shareholders will have the opportunity to vote at a meeting in January on the stock split. The expected price after the split should be in the range of $65 - $70.

Read more at Gurufocus.

Comments

2 Responses to "Berkshire Hathaway Board wants to Split Class B shares"

Anonymous said... May 15, 2010 at 10:57 AM

Thanks, great article. Really enjoyed this.

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frankilus said... May 15, 2010 at 11:20 AM

Thanks for the feedback.

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