A new submitting suggests that
Berkshire Hathaway
reduce its stake in
U.S. Bancorp
by 56% to 52.5 million shares that are now truly worth $2.4 billion.
In a kind 13-G filing dated Thursday, Berkshire Hathaway (BRK.A, BRK.B) documented the holding of 52.5 million shares of U.S. Bancorp (USB) on Oct. 31, down from 119.8 million shares on June 30. Berkshire now owns 3.5% stake in the large Minneapolis-primarily based regional lender, down from 8%.
A new submitting suggests that
Berkshire Hathaway
reduce its stake in
U.S. Bancorp
by 56% to 52.5 million shares that are now truly worth $2.4 billion.
In a kind 13-G filing dated Thursday, Berkshire Hathaway (BRK.A, BRK.B) documented the holding of 52.5 million shares of U.S. Bancorp (USB) on Oct. 31, down from 119.8 million shares on June 30. Berkshire now owns 3.5% stake in the large Minneapolis-primarily based regional lender, down from 8%.