Will Berkshire Hathaway Implement Meaningful Share Repurchases? [Seeking Alpha]
Berkshire Hathaway Inc. New (BRK.B)
Last berkshire hathaway inc. new earnings: 11/2 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
berkshirehathaway.com
Company Research
Source: Seeking Alpha
Summary In July, Berkshire Hathaway ( BRK.B ) announced that it had raised the limit for share repurchases. Until that time, the company would repurchase shares only if the stock price fell below 120% of its book value. The company amended its buyback program and now lets Buffett and Munger to order share repurchases if they believe that the stock price is lower than its intrinsic value. As this amendment has provided greater flexibility for share repurchases, the big question is whether it will result in meaningful share repurchases. First of all, Berkshire has a growing problem, namely its accumulating cash hoard. As per the latest financial report , the liquid assets of the company include $111 B in cash and $28 B in premiums and other receivables. In addition, the cash pile increases by $20 B - $30 B per year. As the cash pile currently comprises approximately 21% of the $520 B market cap of the stock and earns an almost negligible return, it exerts a significant d
Show less
Read more
Impact Snapshot
Event Time:
BRK.B
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BRK.B alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BRK.B alerts
High impacting Berkshire Hathaway Inc. New news events
Weekly update
A roundup of the hottest topics
BRK.B
News
- Analysts assess Buffett and Berkshire after annual meeting [Yahoo! Finance]Yahoo! Finance
- Diesel benchmark down again as signs point to loosening of inventories [Yahoo! Finance]Yahoo! Finance
- Warren Buffett says he was ‘100% responsible' for Berkshire Hathaway's bad bet on Paramount: ‘We lost quite a bit of money' [Yahoo! Finance]Yahoo! Finance
- Stock market today: US stocks climb as investors keep rate-cut hopes alive [Yahoo! Finance]Yahoo! Finance
- Warren Buffett predicts higher taxes due to rising deficit [Yahoo! Finance]Yahoo! Finance
BRK.B
Earnings
- 5/4/24 - Beat
BRK.B
Sec Filings
- 5/6/24 - Form 10-Q
- 4/26/24 - Form 8-K
- 4/22/24 - Form 424B5
- BRK.B's page on the SEC website