Friday, January 15, 2010
Berkshire Hathaway Splitting 50-for-1
Warren Buffett has decided to split the Berkshire Hathaway B shares (BRK-B) by 50 to 1, in order to streamline the transition of the takeover of Burlington Northern Santa Fe Corp. (BNI). The split is expected to take place next week. The Berkshire Hathaway A shares (BRK-A) will not change and are currently trading at $97,500 per share.