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Moody's, Buffet sells 1,75 million shares and reduces its stake from 12,6% to 11,9%

Warren Buffet at the beginning of 2009 held 48 million Moody's shares, equal to just over 20% of the capital - In the last two days he sold 1,75 million shares - The sale price was equal to 60 dollars on average per action

Moody's, Buffet sells 1,75 million shares and reduces its stake from 12,6% to 11,9%

Berkshire Hathaway, company of the American tycoon WarrenBuffett, in the last two days sold 1,75 million shares of Moody's, reducing its stake to 11,9% of the capital. Before the operation, it owned about 12,6% of the capital. The sale price was an average of $60 per share.

Buffet at the beginning of 2009 held 48 million shares of Moody's, equal to just over 20% of the capital: he began to sell shares before the summer of that year, when in three days he sold 8 million shares which, purchased at 10 dollars, were worth between 20 and 30 dollars.

 

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