Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Buffett Says Berkshire Has Bought About $10.7 Billion in IBM

Nov. 14 (Bloomberg) -- Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., said his company has bought about 64 million shares of IBM Corp. this year, mostly in the third quarter, at a cost of about $10.7 billion.

IBM has set out a “road map” for 2015 and has done an “incredible job,” Buffett said today in an interview on CNBC.

The company owns about 5.5 percent of IBM, Buffett said.

Link to Company News:{BRK/A US <Equity> CN <GO>} Link to Company News:{IBM US <Equity> CN <GO>}

To contact the reporter on this story: Steve Dickson in New York at sdickson1@bloomberg.net

To contact the editor responsible for this story: Steve Dickson at sdickson1@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.