The share price of BRKA has never been spilt. Why might the company refuse to split its
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In early 1980, investors could buy one share of Berkshire Hathaway Class A common stock (stock symbol: BRKA) for $285: That may have seemed expensive at the time, but by mId-2007 the price of just one share had climbed to $1 111000. The wizard behind such phenomenal growth in shareholder value is the chairman of Berkshire Hathaway, Warren Buffett, nicknamed the Oracle of Omaha.
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
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The primary reason that Berkshire Hathaway does not split the pri...View the full answer
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Related Book For 
Principles of managerial finance
ISBN: 978-0132479547
12th edition
Authors: Lawrence J Gitman, Chad J Zutter
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