Buffett’s Likely Successor Buys $68 Million of Berkshire Stock



Berkshire Hathaway


Vice Chairman Greg Abel, the likely successor to CEO Warren Buffett, bought about $68 million of the company’s shares last Thursday in what appears to be his first purchases of Berkshire stock since he assumed the position in 2018.

In several Form 4 filings Monday with the Securities and Exchange Commission, Abel disclosed that he purchased 168 Berkshire Hathaway (ticker: BRK/A, BRK/B) Class A shares through the Gregory Abel Revocable Trust on behalf of his wife, children, and other family members.

Source: https://www.barrons.com/articles/berkshire-hathaway-greg-abel-stock-warren-buffett-51664834938?siteid=yhoof2&yptr=yahoo