Berkshire Hathaway Bought $10 Billion of Alphabet in Private Placement

The Motley Fool··US·Read original
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Summary · why it matters

Berkshire Hathaway purchased $10 billion of Alphabet stock directly from the company in a private placement, bypassing the open market. The purchase was split between $5 billion of Class A shares at $351.81 per share and $5 billion of Class C shares at $348.20 apiece. This private placement was part of a larger expansion of Berkshire's Alphabet stake during the 2026 second quarter, which also included open-market purchases. The Alphabet position now ties with Coca-Cola as Berkshire's third-largest stock holding, each accounting for 10.2% of the portfolio. The move marks a departure for CEO Greg Abel, who is deploying Berkshire's cash pile, which shrank from nearly $400 billion to $365.5 billion.

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Artificial Intelligence▲ · 3 stocks
Alphabet Inc Class C
GOOG
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Alphabet receives $10B direct investment from Berkshire, boosting its capital position.

Consumer Staples▲ · 2 stocks
Energy Transition & Power Demand▲ · 1 stocks
Consumer Discretionary▲ · 1 stocks