Thanks 

Warren Buffett Spent More Than $350 Million to Buy These Stocks in the Past Week

Buffett's Berkshire Hathaway now owns roughly 30% of Liberty SiriusXM shares outstanding. Warren Buffett has been busy during a relatively quiet week, as he has been bulking up his stake on Liberty SiriusXM tracking stocks.In Form 4 filings with the US. Securities and Exchange Commission over the past week, Buffett's investment vehicle, Berkshire Hathaway Inc. , disclosed that it paid about $257.95 million to buy 8.9 million Liberty SiriusXM Series C stock at a weighted-average price of $29.06.Berkshire also disclosed paying $110.32 million to buy 3.8 million shares of Liberty Sirius XM Series A stock at an average price of $29.The Series A shares have voting rights, but the Series C shares don't.In total, Berkshire bought 12.68 million shares for $368.3 million.Buffett now owns about 30% of Liberty SiriusXM's outstanding shares.The Series A shares have gained 3.3% this week through Thursday and the Series C shares have advanced 3.4%. In comparison, the S&P 500 index SPX has edged u
Warren Buffett Spent More Than $350 Million to Buy These Stocks in the Past Week

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet