share_log

SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Warren E. Buffett(8.5%),Berkshire Hathaway Inc.(8.5%), etc.

SEC ·  Nov 14 16:18

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.
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.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.