Bank of America
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11 hours ago · Berkshire Hathaway, led by Warren Buffett, has sold a large stake in Bank of America (BofA), a major U.S. bank. According to Bloomberg and Reuters on the 20th (local time), Berkshire announced in a public announcement the previous day that it had completed the sale of about 33.9 million shares of BofA on several occasions.
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11 hours ago · This sale represents around 7% of Berkshire’s overall stake in the bank, which has now been reduced to about 11%. The sale occurred between July 12th and July 19th. During this period, Berkshire Hathaway sold around 52 million shares of Bank of America common stock. The average price per share during this transaction ranged from $28.25 to $29.25.
