Buffett's Berkshire Hathaway Takes Stake Worth $4.2 Billion in HP

Reuters2022-04-07

Berkshire Hathaway Inc disclosed on Wednesday that it has purchased nearly 121 million shares of HP Inc, the latest in a series of large investments by the conglomerate controlled by billionaire ...

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Comments

  • PearlynCSY
    2022-04-08
    PearlynCSY
    Berkshire Hathaway has accumulated an 11.4% stake worth $4.2 billion in HP Inc. The purchases of HP shares ramp up a recent buying spree by Berkshire Hathaway under CEO Warren Buffett. Berkshire has amassed a nearly 15% stake in Occidental Petroleum worth $7.6 billion and has a deal to buy the insurer Alleghany for $11.6 billion. Warren Buffett certainly live up to his name to be “fearful when others are greedy, and greedy when others are fearful.”
  • hohok
    2022-04-07
    hohok
    Like
  • Quicklearner
    2022-04-07
    Quicklearner
    👍 
  • Jialatsia
    2022-04-07
    Jialatsia
    Meep
  • Greg2021
    2022-04-07
    Greg2021
    Good for HP
  • Scoop
    2022-04-07
    Scoop
    Nice
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