Company: BRK-A
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0000950170-25-063112
Chunk: 5

Company: BERKSHIRE HATHAWAY INC
Filing Date: 2025-05-05
Form: 10-Q
Item: Part II, Item 2
Chunk 5
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Berkshire’s common stock repurchase program permits Berkshire to repurchase its Class A and Class B shares any time that Warren Buffett, Berkshire’s Chairman of the Board and Chief Executive Officer, believes that the repurchase price is below Berkshire’s intrinsic value, conservatively determined. Repurchases may be in the open market or through privately negotiated transactions. No Class A or Class B shares were repurchased in the first quarter of 2025. 

     Period
     Total number ofshares purchased
      
     Average pricepaid per share
      
     Total number ofshares purchasedas part of publiclyannounced program
      
     Maximum number orvalue of shares that yetmay be repurchasedunder the program

     January
      
     —
      
     $
     —

     —
      
     *

     February
      
     —

     —

     —
      
     *

     March
      
     —

     —

     —
      
     *

——————

* The program does not specify a maximum number of shares to be repurchased or obligate Berkshire to repurchase any specific dollar amount or number of Class A or Class B shares and there is no expiration date to the repurchase program. Berkshire will not repurchase its common stock if the repurchases reduce the value of Berkshire’s consolidated cash, cash equivalents and U.S. Treasury Bills holdings to less than $30 billion.

Item 3. Defaults Upon Senior Securities 

None 

Item 4. Mine Safety Disclosures 

Information regarding the Company’s mine safety violations and other legal matters disclosed in accordance with Section 1503(a) of the Dodd-Frank Reform Act is included in Exhibit 95 to this Form 10-Q. 

Item 5. Other Information 

Berkshire has not adopted a Rule 10b5-1 trading arrangement (as defined in Item 408(a)(1)(i) of Regulation S-K) and no directors or executive officers adopted or terminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement (as defined in Item 408(c) of Regulation S-K) during the first quarter of 2025.