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. reported a change in beneficial ownership of DaVita Inc. shares on February 13, 2025.
• On February 11, 2025, Berkshire Hathaway sold 203,091 shares of DaVita Inc. common stock at a price of $156.011 per share.
• The sale was conducted under a Share Repurchase Agreement between Berkshire Hathaway and DaVita Inc. dated April 30, 2024.
• Following the transaction, Berkshire Hathaway's indirectly held beneficial ownership in DaVita Inc. amounts to 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 sentiment is neutral as the document reports a routine transaction under a pre-existing agreement. There is no indication of significant positive or negative implications.

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 and investor sentiment.

Stakeholder Impact

• The sale of shares may have a minor impact on DaVita Inc.'s stock price.
• The share repurchase agreement benefits Berkshire Hathaway by allowing them to sell shares at a predetermined price.

Key Dates

Keywords

Berkshire Hathaway, DaVita Inc., Share Repurchase Agreement, Beneficial Ownership, Warren Buffett, GEICO, Pension Plans, Stock Sale