Berkshire Hathaway stock steady after 5% drop follows Warren Buffett's succession announcement
Tuesday, 6 May 2025 () In This Article: Berkshire Hathaway (BRK-A, BRK-B) shares were little-changed on Tuesday, gaining about 0.2% in early trade following a 5% fall in the prior session after the conglomerate's board approved longtime CEO Warren Buffett's successor, vice chair Greg Abel. On Tuesday Class A shares were…
Warren Buffett has announced he’ll step down as CEO of Berkshire Hathaway by the end of 2025, naming Greg Abel as his successor. Abel, a 30-year veteran of the firm, will inherit control of Berkshire’s $348 billion cash reserves and $1.16 trillion empire. The news broke during the annual...
Billionaire investor Warren Buffett to step down after 60 years of leading Berkshire Hathaway
The announcement after a five-hour question-and-answer period at the company's annual shareholders'..
Credit: euronews (in English) Duration: 01:06Published
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