Berkshire Hathaway's A and B Shares: Key Differences
Varying Prices
The primary distinction between Berkshire Hathaway's (BRK.A, BRK.B) Class A and Class B shares lies in their market value. As of July 17, 2023, Class A shares closed at $523,500, significantly higher than the closing price of Class B shares at $352.64.Other Distinctions
Apart from price, other key differences between Class A and Class B shares include:
- Voting Rights: Class A shares hold one vote per share, while Class B shares carry 1/10,000th of a vote per share.
- Convertibility: Class A shares do not convert into Class B shares, but Class B shares can convert into Class A shares on a 1500:1 basis.
These distinctions highlight the company's unique capital structure, which has allowed it to maintain control while providing investors with different investment options.
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