Reported 2 months ago
Warren Buffett's Berkshire Hathaway has surpassed $10 billion in total proceeds from its ongoing sale of Bank of America stock, as reported in a recent regulatory filing. This marks the 14th round of stock disposals since mid-July, putting pressure on BofA's stock price. During the latest round, Berkshire sold fewer shares, yielding $383 million over three trading days, while maintaining a 10.1% stake, valued at approximately $31.4 billion.
Source: YAHOO