Premium
This is an archive article published on December 10, 2009

Berkshire Hathaway sells shares worth 67 mn in Moody8217;s

Legendary investor Warren Buffett-led Berkshire Hathaway has sold 2.7 million shares in global rating agency Moody's Corp for an estimated USD 67 million.

google-preferred-btn

Legendary investor Warren Buffett-led Berkshire Hathaway has sold 2.7 million shares in global rating agency Moody8217;s Corp for an estimated USD 67 million.

Following the stock sale,diversified entity Berkshire Hathaway holds about 35.4 million shares in Moody8217;s.

The shares were sold in two separate transactions on December 7 and 8.

According to a filing with the US Securities and Exchange Commission,Berkshire Hathaway offloaded about 2 million shares for nearly USD 50 million on December 7. Each share was priced at USD 25.04.

The next day,the company sold 704,346 shares,each at a price of USD 24.81,for as much as USD 17 million.

Berkshire Hathaway has around 15 per cent stake in the rating agency.

 

Latest Comment
Post Comment
Read Comments
Advertisement
Live Blog
PHOTOS
In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs Innovation at Bharat Mobility Global Expo 2025
Top Stories
UP govt had opposed key claim of Akhlaq murder accused, now cites same to withdraw case against them
UP govt had opposed key claim of Akhlaq murder accused, now cites same to withdraw case against them
‘Disturbing public order’ accounts for 50% of takedown notices to X
‘Disturbing public order’ accounts for 50% of takedown notices to X
Looking Back at 2025 dhurandhar, Chhaava, homebound n
Shubhra Gupta looks back at 2025: The year of Dhurandhar, marked by heightened nationalism, and the return of Spoilt Man Child
When Mohanlal and Priyadarshan announced that they were joining forces yet again and that too for an epic historical movie like Kaalapani, expectations were sky-high.
Mohanlal and Priyadarshan's most expensive film won 3 National Awards before release, but grossed less than half its budget
The Canadian man also noted that Indiranagar is still relatively better off than many other areas (Image source: @caleb_friesen/Instagram)
Canadian living in India criticises Bengaluru footpath, shares video of his son navigating broken pavement: ‘Sad and scary'
According to the driver, the men refused to pay for professional cleaning and offered him only S$10 as compensation
Indian passengers vomit in Singapore cab, make driver clean up: ‘smell of undigested curry and alcohol’
India captain Deepika scored 246 runs in five games at the World Cup in Sri Lanka including a 91 from 58 balls against Australia in the semifinals. (Special Arrangement)
From fighting hunger to winning World Cup for Blind: TC Deepika hopes inspiring story can drive change in her Andhra village and beyond
Hikaru Nakamura Interview
Hikaru Nakamura interview: 'Studying chess 10 hours a day is nonsense... it's outdated'
A public debate on ‘Does God exist?’ takes us away from real issues of religion, religiosity
Yogendra Yadav writes: A public debate on 'Does God exist?' takes us away from the real issues of religion and religiosity
Bangladesh
A bird’s eye view of the violence in Bangladesh: Who stands to gain, who loses
One of the most important shifts this year has been how ageing is understood not just as an inevitable biological decline, but as something profoundly influenced by behavioural choices throughout life. 
Why 2025 was the year we finally talked honestly about ageing
Tech layoffs in 2025
Tech layoffs in 2025: How AI emerged as a clear(er) driver of job cuts
Advertisement
Must Read
From fighting hunger to winning World Cup for Blind: TC Deepika hopes inspiring story can drive change in her Andhra village and beyond
India captain Deepika scored 246 runs in five games at the World Cup in Sri Lanka including a 91 from 58 balls against Australia in the semifinals. (Special Arrangement)
Hikaru Nakamura interview: 'Studying chess 10 hours a day is nonsense... it's outdated'
Hikaru Nakamura Interview
BCCI increases domestic match fee for women cricketers
BCCI increases domestic match fee for women cricketers
Tech layoffs in 2025: How AI emerged as a clear(er) driver of job cuts
Tech layoffs in 2025
Is your smartphone infected with malware? What to do and how to remove it
malware
OpenAI adds new controls to ChatGPT: How to adjust warmth, enthusiasm levels
ChatGPT
Why 2025 was the year we finally talked honestly about ageing
One of the most important shifts this year has been how ageing is understood not just as an inevitable biological decline, but as something profoundly influenced by behavioural choices throughout life. 
Advertisement
Buzzing Now
Canadian living in India criticises Bengaluru footpath, shares video of his son navigating broken pavement: ‘Sad and scary'
The Canadian man also noted that Indiranagar is still relatively better off than many other areas (Image source: @caleb_friesen/Instagram)
Indian passengers vomit in Singapore cab, make driver clean up: ‘smell of undigested curry and alcohol’
According to the driver, the men refused to pay for professional cleaning and offered him only S$10 as compensation
Woman finds Christian Louboutin purse worth Rs 1.4 lakh while picking up garbage in wealthy neighbourhood; video goes viral
In the viral video, she expresses her curiosity as she spots several items near the trash bins
As Chillai Kalan turns Kashmir white, breathtaking videos of snow-laden Gulmarg emerge: Watch the best clips here
As the Valley turned into a winter wonderland like every year, several videos capturing breathtaking sights from Gulmarg and other areas emerged on the Internet
Elderly women bikers complete high-altitude rise to Nathula Pass, share challenging experience in video: 'history in motion'
Throughout the expedition, the women braved harsh terrain, extreme weather, physical exhaustion, and the demands of riding at high altitude
Dec 23: Latest News
Advertisement