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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch 🐝🐝🐝 GOLD
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Number: of 21939 
Subject: Re: (Repurchase Price/Book Value) Ratios
Date: 05/12/24 7:54 AM
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Perhaps the As are being bought at market price when a large block is offered for sale.

Certainly possible, but that is presumably a pretty rare thing.

Since spring 2022, for months that both A and B shares have been purchased, the average ratio of average price paid has been 1531.4
(The 1540 I suggested emphasized recent high points, and included the notion that there seems to have been an upwards trend. In November the ratio was 1544:1)

1530 is of course the 2% premium that Mr Buffett suggested long ago.

The simplest indication of the recent stronger preference for A shares is that that's what they've been buying.
In the 23 months from May 2020 to March 2022, both A and B shares were bought every month.
But then in the 22 months to March 2024, A shares were bought every month but B shares in only 9 of the months.

I'm sure they'd pay more now, but FWIW the highest definitely known "average paid in a month" for B shares to date remains the $357.22 from last September.

Jim
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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