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Berkshire Hathaway BRK.B will hold its annual shareholder meeting on Saturday, May 2.
Greg Abel’s first shareholder meeting as CEO marks a strategic shift from Warren Buffett’s leadership.
KEY POINTS
- Berkshire Hathaway is likely to sell its entire Kraft Heinz stake following years of declining confidence.
- Additional portfolio streamlining is expected, with possible sales of Visa, Mastercard, and other Todd Combs-era holdings.
- Abel’s shareholder letter ruled out initiating a dividend and excluded further major railroad acquisitions.
- BNSF will adopt precision scheduling to close the profitability gap with Union Pacific.
COMPANIES
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