Essay on Berkshire Hathaway Inc. ( Nyse )

1722 Words Apr 20th, 2016 null Page
Introduction Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States that oversees and manages a number of subsidiary companies. The company wholly owns GEICO, BNSF, Lubrizol, Dairy Queen, Fruit of the Loom, Helzberg Diamonds, FlightSafety International, and NetJets, owns half of Heinz and an undisclosed percentage of Mars Inc. , and has significant minority holdings in American Express, The Coca-Cola Company, Wells Fargo, and IBM. Berkshire Hathaway averaged an annual growth in book value of 19.7% to its shareholders for the last 49 years (compared to 9.8% from the S&P 500 with dividends included for the same period), while employing large amounts of capital, and minimal debt. With as many as five hundred operating units sprouting out of fifty primary, Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) subsidiaries engaged in a wide range of manufacturing, retail, services, transportation and energy businesses. The giant company is known for its control by investors, company 's chairman, president and CEO, Mr. Warren Buffett.
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According to the Forbes Global 2000 list and formula, Berkshire Hathaway is the fifth largest public company in the world. On August 14, 2014, the price of the company 's 'A ' shares hit $200,000 per share for the first time in the history of the company. (forbes.com/global2000/list) Berkshire Hathaway holds an Annual Shareholder Meeting in its company headquarters.…

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