Summary by Futu AI
Berkshire Hathaway-A, led by Warren E. Buffett, has filed an amended Schedule 13G with the United States Securities and Exchange Commission on November 14, 2024, indicating a significant ownership stake in Louisiana-Pacific Corporation. The filing reveals that Berkshire Hathaway and its subsidiaries, including National Indemnity Company, GEICO Corporation, Government Employees Insurance Company, and Precision Castparts Corp. Master Trust, collectively own a substantial number of shares in the common stock of Louisiana-Pacific Corporation. Specifically, Berkshire Hathaway Inc. and National Indemnity Company each reported shared voting and dispositive power over 5,964,793 shares, representing 8.5% of the class. Similarly, GEICO Corporation and Government Employees Insurance Company each reported shared voting and dispositive power over 4,344,909 shares, representing 6.2% and 6.1% of the class, respectively. Precision Castparts Corp. Master Trust reported shared voting and dispositive power over 1,619,884 shares, representing 2.3% of the class. The filing, which is required due to the ownership percentage exceeding 5%, asserts that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Louisiana-Pacific Corporation.