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Berkshire Vice Chairman's Stock Sale Draws Attention

字号+ 作者:Global Forex 来源:Forex Dealer Inquiries 2025-07-21 19:29:02 我要评论(0)

metatrader,NASDAQ Stock Exchange,This week, Berkshire Hathaway Vice Chairman Ajit Jain sold more than half of his company shares, cau

This week,metatrader Berkshire Hathaway Vice Chairman Ajit Jain sold more than half of his company shares, causing a significant stir in the market. According to regulatory filings, Jain sold 200 shares of Berkshire A-class stock on September 9th for a total price exceeding $6.9 million, cashing out $139 million. After this transaction, Jain still holds 61 shares of Berkshire A-class stock, while his family trust and the nonprofit Jain Foundation hold 55 shares and 50 shares, respectively.

Since joining Berkshire in 1986, Jain has been in charge of the company's insurance business and has made significant contributions to the development of its reinsurance business. However, this sale has led to two market speculations. First, some believe that the continuous rise in Berkshire's stock price, approaching Warren Buffett's assessed intrinsic value, triggered the sale. Second, Jain, at the age of 73, might be considering retirement in the future, which fuels speculation about changes in the company's leadership.

So far this year, the price of Berkshire A-class shares has risen by nearly 24%, at one point surpassing a market value of $1 trillion. However, the company's stock buyback actions significantly slowed down in the second quarter, possibly indicating a cautious stance on the current stock price. Market participants expect that Berkshire is unlikely to conduct large-scale stock buybacks in the short term.

Although Jain declined to comment on the stock sale questions, outside observers are closely monitoring Berkshire's future moves, especially as Buffett's succession plan gradually unfolds.

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