Berkshire Hathaway B shares fall on Buffett retirement - RTHK
    • facebook
A A A
Temperature Humidity
News Archive Can search within past 12 months
  • Home

Berkshire Hathaway B shares fall on Buffett retirement

2025-05-05 HKT 16:34
Share this story facebook
  • Billionaire investor Warren Buffett, who is 94, has said he will be stepping down as chief executive of the conglomerate. File photo: AFP
    Billionaire investor Warren Buffett, who is 94, has said he will be stepping down as chief executive of the conglomerate. File photo: AFP
Berkshire Hathaway fell 2.8 percent in premarket trading on Monday after revered investor Warren Buffett said he would be stepping down as chief executive of the conglomerate after 60 years at the helm.

Buffett will hand over the reins to Vice Chairman Greg Abel.

Class B shares of the US$1.16 trillion conglomerate dipped to US$525. (Reuters)

Berkshire Hathaway B shares fall on Buffett retirement