Berkshire Hathaway Nearly Halves HP Stake to 5.2%
@Twelve_E:
On Monday evening local time, regulatory documents showed that $Berkshire Hathaway(BRK.A)$ reduced its holdings of nearly half of its $Helmerich & Payne(HP)$ shares. The latest shareholding ratio was 5.2%, or approximately 51.5 million shares, with a market value of approximately $1.6 billion. According to the announcement, the relevant shareholding reduction actions took place between the last announcement of shareholdings and the period ending on November 30.ImageIn early October, the company disclosed that it began selling $Helmerich & Payne(HP)$ for nine consecutive trading days in mid-September, reducing its shareholding to nearly 10%. Berkshire still h