Company: BRK-A
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001193125-25-261548
Chunk: 10

Company: BERKSHIRE HATHAWAY INC
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 4
Chunk 10
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 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 third 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

     July
      
     —
      
     $
     —

     —
      
     *

     August
      
     —

     —

     —
      
     *

     September
      
     —

     —

     —
      
     *

——————

* 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