Berkshire Hathaway: Class A vs Class B Shares
Key Differences: Price and Voting Rights
Berkshire Hathaway, the investment conglomerate led by Warren Buffett, has two classes of shares: Class A and Class B. While both classes represent ownership in the company, they differ in price and voting rights.
Price:
The most significant difference between Class A and Class B shares is their price. Class A shares are priced significantly higher than Class B shares. As of January 3rd, 2024, Class A shares closed at $458,000 per share, while Class B shares closed at $305.26 per share.
Voting Rights:
Another key difference between the two share classes is their voting rights. Class A shares have one vote per share, while Class B shares have 1/10th of a vote per share. This means that Class A shareholders have a disproportionately large say in the company's governance.
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