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Berkshire said it held nearly 26 million Chubb shares at the end of March. Chubb shares jumped more than 6% in after-hours trading to sell for $268.96 after Berkshire’s investment was revealed.
Berkshire Hathaway Inc. (/ ˈ b ɜːr k ʃ ər /) is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Founded in 1839 as a textile manufacturer, it transitioned into a major conglomerate starting in 1965 under the leadership of chairman and CEO Warren Buffett and vice chairman Charlie Munger .
The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.
Updated May 16, 2024 at 9:54 AM. Warren Buffett's Berkshire Hathaway revealed a new $6.72 billion investment in insurance firm Chubb in a regulatory filing on Wednesday, which propelled the ...
Queue the bears. Berkshire Hathaway's ( BRK-A, BRK-B) cash pile hit another record high in the first quarter of $189 billion, the industrial giant said in its earnings release on Saturday. That ...
This is a list of subsidiaries, equities, and cash equivalents owned by multinational holding company Berkshire Hathaway. Cash and equivalents [ edit ] As of March 31, 2024, Berkshire Hathaway had $28.891 billion in cash and cash equivalents and $153.444 billion in short-term investments in U.S. treasury bills.
Berkshire’s Class A stock has risen nearly 10% this year, beating the total 7.5% of the S&P 500. It closed the first quarter with a net profit of $12.7 billion, less than half of the $35.5 ...
Berkshire has about $167.6 billion in cash and equivalents, breaking last quarter’s record-high $157.2 billion. For the year, operating earnings rose to $37.3 billion, after setting a record of ...