OMAHA, Neb. — Warren Buffett’s company has now sold nearly 95 million of its original 225 million shares of Chinese electric carmaker BYD’s stock, but it remains a significant shareholder.
After... OMAHA, Neb. — Warren Buffett’s company has now sold nearly 95 million of its original 225 million shares of Chinese electric carmaker BYD’s stock, but it remains a significant shareholder. After the most-recent sales, Berkshire still held 130.3 million BYD shares or about 12% of the stock. At its last report late last month, Berkshire, which is based in Omaha, Nebraska, controlled 13% of the stock.
Buffett didn’t respond to questions Thursday about why he was selling the shares, but he doesn’t typically comment on stocks he is buying and selling while he is still making those moves.
Might buy LCID.
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