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Buffett sells Bank of America again, cashing out a total of tens of billions of US dollars, approaching the regulatory 10% exemption reporting threshold.
During October 3-7, Buffett once again reduced his shareholding in Bank of America by cashing out $0.383 billion, reducing his shareholding percentage to 10.1%, but still the largest shareholder. Since mid-July, he has cashed out approximately $10 billion. If he sells a little more of Bank of America's shares, the shareholding percentage will drop below 10%, and Berkshire Hathaway will no longer need to disclose the trading situation promptly.
Warren Buffett Reduces Stake in Bank of America
Buffett's Bank of America Stock Selling Spree Surpasses US$10b
Buffett continues to sell stocks of bank of america (BAC.US), with total cashed out exceeding 10 billion US dollars.
Warren Buffett's conglomerates further reduced their shareholding in Bank of America, cashing out over 10 billion US dollars in the consecutive months of stock sell-off frenzy.
Insurance Stocks Drop as Hurricane Milton Heads to Florida
This Berkshire Hathaway Insider Reduced Their Stake By 63%
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月入100K : How long have you been holding onto all of these? Strong
AndreaC OP 月入100K : February 2023
Mr Pistachio : hope you have good amount not fractions
sentosa island AndreaC OP : DBS 2023 is not at this price.