October 15 (AsiaFin) - According to the Shanghai Securities News, Berkshire Hathaway, the renowned investment firm owned by Warren Buffett, recently disclosed in a filing to the U.S. Securities and Exchange Commission (SEC) that it has sold approximately 5.5 million shares of HP (Hewlett-Packard) stock. Based on the documents submitted to the SEC, Berkshire Hathaway sold the HP shares at an average price of $29 per share this week, resulting in a total value of approximately $160 million. This reduced the value of their HP holdings to around $3.27 billion. Currently, Berkshire Hathaway holds approximately 11.7% of HP's shares, which is lower than the 12.2% held before the sale.
Berkshire Hathaway Sells Approximately 5.5 Million Shares of HP AI Stock
Sep. 18, 2023 00:01
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