Thanks! Interesting the exchange of BHE shares for BRKB shares. Not surprised.

“Also, on September 30, 2024, certain family members and related or affiliated entities of the late Mr. Walter Scott, Jr., a former member of BHE's Board of Directors (each an "Exchange Minority Shareholder", and collectively, the "Exchange Minority Shareholders"), agreed to exchange (the "Exchange Transactions") 1,601,258 shares of BHE voting common stock for an equivalent value in shares of Berkshire Hathaway Inc. Class B common stock.

As a result of the Transactions, as described in Item 1.01 of this Current Report on Form 8-K, and the Exchange Transactions, as described herein, and after certain customary regulatory approvals with respect to certain of the Exchange Transactions expected to be received in the fourth quarter of 2024, 100% of BHE's voting common stock will be owned by Berkshire Hathaway Inc.”

Berkshire Hathaway FAQ

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