Summary by Futu AI
Berkshire Hathaway Inc. has completed a significant sale of Bank of America Corp (BAC) common stock on October 15, 2024. The transaction involved the disposal of 8,694,538 shares in two separate tranches. The first tranche consisted of 8,370,178 shares sold at a price of $42.5223 per share, while the second tranche saw 324,360 shares sold at $43.1891 each. Following these transactions, Berkshire Hathaway's indirect holdings in Bank of America Corp amount to 766,305,462 shares. The total market value of the disposed shares is approximately $369.93 million. The sales were executed as open market or private sales and are part of Berkshire Hathaway's portfolio management activities.