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How can it not be possible? Surely if you have 1500 B shares, you can sell them and buy an A share?
by exporectomy 5y ago
How can it not be possible? Surely if you have 1500 B shares, you can sell them and buy an A share?
- quickthrowman 5y agoYes, but Berkshire’s stock transfer agent won’t handle the conversion from B to A. You sell them on the market and are taxed accordingly. Their stock transfer agent will give you B shares in exchange for an A share, which is not a taxable event. It’s a mechanism to encourage arbitrageurs to keep the prices of the share classes in lockstep. https://www.berkshirehathaway.com/brkshareholderinfo/compab.pdf https://www.berkshirehathaway.com/brkshareholderinfo/compab....