Hooray! Berkshire Hathaway Stock Split Approved
January 20, 2010,
Today, shareholders approved the 50 for 1 stock split of Berkshire Hathaway Class B shares, just as expected. Beginning tomorrow (Jan 21) the shares should be trading on the NYSE at the split-adjusted price.
This is terrific for those “little people” who wanted to buy a part of Warren Buffett’s company but could not afford the $3000-$4000 price tag.
For those who have bought Berkshire Hathaway from us, we will be submitting the registration paperwork this week. For those who want to get a share, you may want to consider it soon. Various articles suggest that the split sets the stage for Berkshire Hathaway to become part of the S&P 500.
Find out more about the Berkshire Hathaway stock split at Yahoo Finance.