Warren Buffett sells $982M worth of Bank of America shares

Berkshire Hathaway News

Warren Buffett sells $982M worth of Bank of America shares
Bank Of AmericaWarren BuffettBrad Smith
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 51 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 63%

Warren Buffett — the so-called Oracle of Omaha — has sold an additional 24.7 million shares from Berkshire Hathaway's (BRK-A, BRK-B) stake in Bank Of America...

) last week, valued at over $982 million. The sale was revealed in an SEC filing late on Tuesday afternoon. Berkshire still owns around 900 million shares of the bank.break down the latest development from Berkshire Hathaway and Bank of America and what it could mean for the companies moving forward.

And we have seen Berkshire really increasing of his defensive players getting out even Apple of Apple stock over the past quarter here, sort of taking a risk off approach to a quarter that has seen a lot of volatility.We've got that election coming up in November, and you've seen Berkshire and Warren Buffett, of course, taking a little bit of a defensive approach to a year with a lot of big question marks trimming from Berkshire Hathaway in its position in Bank of America.

Airport Walkways Global Strategic Industry Report 2023-2030 Featuring ATAL Engineering Group, Glidepath, Otis, Stannah Lifts, Thyssenkrupp, and Toshiba Johnson Elevators Maurice Williams, who has died aged 86, was a singer and songwriter who founded Maurice Williams and the Zodiacs, leading lights in doo-wop; in 1960 they went to No 1 in the US with Stay, which went on to be covered by the likes of the Hollies, Jackson Browne, the Four Seasons and Cyndi Lauper, as well as featuring in the film Dirty Dancing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Bank Of America Warren Buffett Brad Smith Oracle Of Omaha Madison Mills

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Warren Buffett keeps selling more Bank of America stockWarren Buffett keeps selling more Bank of America stockBerkshire Hathaway has sold some of its Bank of America stock in five of the past six weeks, unloading a total of 129 million shares.
Read more »

Billionaire investor Buffett offloads Bank of America shares worth $982 million in latest saleBillionaire investor Buffett offloads Bank of America shares worth $982 million in latest saleBillionaire Warren Buffett's Berkshire Hathaway has sold some more shares of Bank of America over the past few days, raking in $981.9 million, as the...
Read more »

Buffett offloads more Bank of America shares; sales top $3.8 billionBuffett offloads more Bank of America shares; sales top $3.8 billionBerkshire sold approximately 19.2 million Bank of America shares for about $779 million between July 30 and Aug. 1, according to a Thursday night regulatory ...
Read more »

Buffett's sales of Bank of America stock top $3 billionBuffett's sales of Bank of America stock top $3 billionWarren Buffett's Berkshire Hathaway sold more Bank of America shares, boosting sales to more than $3 billion this month, taking profits after a big run-up in...
Read more »

Warren Buffett’s Berkshire Hathaway tops US$1-trillion market valueWarren Buffett’s Berkshire Hathaway tops US$1-trillion market valueInvestor confidence in the conglomerate continues to grow
Read more »

Canadian Warren Buffett's $1.7B deal to acquire Sleep Country approved by competition watchdogCanadian Warren Buffett's $1.7B deal to acquire Sleep Country approved by competition watchdogThe decision by the Competition Bureau gives shareholders the green light to vote on the plan at a special meeting scheduled for Sept. 18.
Read more »



Render Time: 2025-02-13 13:37:51