Reported 1 day ago
Berkshire Hathaway plans to sell around one-third of its investment in VeriSign, reducing its stake to below 10% to comply with regulatory requirements. The sale involves 4.3 million shares and follows Berkshire's ongoing investments in the company since 2012. Following the sale, Berkshire's ownership will decrease to 9.6%, with potential for additional shares to be sold. Despite the decision to reduce holdings, Berkshire remained a net seller of stocks, continuing its cautious investment approach.
Source: YAHOO