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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: nola622 🐝  😊 😞
Number: of 15067 
Subject: Re: Lower buyback prices in Oct
Date: 11/06/2023 2:37 PM
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I eyeballed the BRK.B chart and noted that share price was above $350 for the whole month of Sep; it varied from $350 - $362.

In Oct, the price has stayed below $350 the whole month except for one day, where it went to $352. The price varied from $332 - $352.

Today, with the negative reaction to earnings report, the trend of lower prices may continue for a while. It gives Buffett extra incentive to accelerate share repurchases.


FWIW, Berkshire repurchased around $800 million worth of stock from 10/1 through 10/24. (2.316 million B-share equivalents multiplied by whatever you think the average price ends up being)
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