Form 4: Berkshire Hathaway Sells DaVita Inc. Shares Under Repurchase Agreement

Berkshire Hathaway Inc. sold 203,091 shares of DaVita Inc. common stock at $156.011 per share on February 11, 2025, pursuant to a share repurchase agreement.

Summary

• Berkshire Hathaway Inc. sold 203,091 shares of DaVita Inc. common stock on February 11, 2025.
• The sale was executed at a price of $156.011 per share.
• The transaction was conducted under the Share Repurchase Agreement between Berkshire and DaVita Inc. dated April 30, 2024.
• Following the transaction, Berkshire Hathaway Inc. indirectly owns 35,892,479 shares.
• Warren E. Buffett, as the controlling stockholder of Berkshire Hathaway, disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting a transaction. It doesn't convey strong positive or negative sentiment. The sale is part of a pre-existing agreement.

Future Outlook

The document does not contain specific forward-looking statements beyond the reporting of the transaction.

Management Comments

• Warren E. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Industry Context

Share repurchase agreements are common mechanisms for companies to return capital to shareholders and can influence stock prices. Berkshire Hathaway's transactions are closely watched by the market due to its size and influence.

Comparison to Industry Standards

• Berkshire Hathaway's investment decisions are closely followed by the market, and its transactions in companies like DaVita are often compared to other large institutional investors' activities.
• Share repurchase agreements are a standard tool used by companies like Apple, Microsoft, and Alphabet to manage their capital structure and provide value to shareholders.

Related Party Transactions

• The sale was pursuant to the Share Repurchase Agreement between Berkshire and DaVita Inc.

Stakeholder Impact

• The sale of shares may have a minor impact on DaVita's stock price.
• The transaction reflects Berkshire Hathaway's ongoing management of its investment portfolio.

Key Dates

Keywords

Berkshire Hathaway, DaVita Inc., Share Repurchase Agreement, Warren Buffett, Sale of Shares, Beneficial Ownership, Form 4