Tuesday, January 19, 2010

Hell Freezes Over: Warren Buffett May Finally Split Berkshire's Stock

One of Warren Buffett's hallmarks over the years has been a refusal to split Berkshire Hathaway's stock. Thus, the company's "A-shares" now trade for a vertiginous $97,000 apiece.

Unless you're a high-roller, this puts owning even a single share of Berkshire out of reach. This is why Buffett created the "B-shares" in the mid-1990s--to give small investors a chance to play Berkshire. But now even the "B-shares" trade for about $3,000 apiece.

But all that may be about to change.

In conjunction with the acquisition of Burlington Northern railroad, Buffett is considering splitting the Berkshire B-Shares 50-to-1.

Link

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