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Posted On: 03/15/2017 8:49:37 PM
Post# of 75075
Re: adirondackhi #32111
Ah, ok.
The below helps me understand it further:
In 1996, Warren Buffett created Class B shares (BRK.
, offering investors the ability to invest in Berkshire Hathaway for, initially, one-thirtieth the price of a Class A share of stock. A 50-to-one stock split in 2010 sent the ratio to one-1,500th. Class B shares carry correspondingly lower voting rights as well.
The below helps me understand it further:
In 1996, Warren Buffett created Class B shares (BRK.
, offering investors the ability to invest in Berkshire Hathaway for, initially, one-thirtieth the price of a Class A share of stock. A 50-to-one stock split in 2010 sent the ratio to one-1,500th. Class B shares carry correspondingly lower voting rights as well.
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