Warren Buffett's Berkshire Hathaway Inc will hold its annual shareholder meeting in person on Saturday for the first time since before the pandemic, but the extravaganza dubbed 'Woodstock for Capitalists' is likely to see fewer people and pared-back events.
Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019.
Shareholders likely will address issues such as recent investments, a still-swollen cash pile, share buybacks, rising inflation and supply chain disruptions, and even whether someone other than Buffett should chair the company.Joining them will be Vice Chairmen Greg Abel, Buffett's designated successor as CEO, and Ajit Jain.
Still, shareholders will notice changes, beyond needing proof of COVID-19 vaccination to attend events. "I attended for 25 years in a row before COVID," said James Armstrong, a principal at Henry H. Armstrong Associates in Pittsburgh. "But I'm just not going to make the trip. I'm not doing much flying yet."
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