Berkshire Hathaway builds $620mn stake in Markel, halts Marsh sell-off in Q1
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Berkshire Hathaway builds $620mn stake in Markel, halts Marsh sell-off in Q1

Jairo Ibarra
May 16, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
OLD DONT USE OLD

Berkshire Hathaway has built a position in Markel through the acquisition of roughly 420,000 shares, or just over 3% of the carrier’s total shares outstanding, worth around $620mn, according to a Securities and Exchange Commission filing.

During the first quarter of the year, Markel stock traded up almost 30% to $1,504 per share, but since March 31 the share price has gone down slightly to $1,325.

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsStocksBerkshire HathawayAonMarsh McLennanMarkel
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article