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Billionaire Warren Buffett Sold 56% of Berkshire's Stake in Apple and Is Piling Into Wall Street's Most Prominent Reverse Stock Split of 2024

The Motley Fool

1, 2023 through June 30, 2024, Berkshire's stake in Apple declined by more than 515 million shares , or 56%, to precisely 400 million shares. During Berkshire Hathaway's annual shareholder meeting in early May, he opined that the corporate tax rate would likely climb in the future. In a three-quarter period from Oct. 1 position.

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Meet the Unique Stock-Split Stock Warren Buffett Has More Than Tripled His Stake In

The Motley Fool

Meet the legal monopoly stock-split stock Warren Buffett is piling into Though Buffett purchased shares of seven securities during the second quarter, including opening new positions in Ulta Beauty and HEICO , it's the roughly 96.2 This increased Berkshire's stake in Sirius XM by 262% from the sequential quarter.

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Beyond Satya Nadella: Educated Guesses on Microsoft's Largest Shareholders.

The Motley Fool

With roughly 800,000 shares, CEO Satya Nadella is one of the company's biggest shareholders. His stake is worth a cool $339 million. In fact, there may be two larger shareholders. The SEC only requires company insiders and those that own more than 5% of a company's stock to disclose their stakes publicly.

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€6bn PE Firm, Omnes acquires majority stake in EEF 

Private Equity Insights

Omnes Capital, a €6bn Paris-based private equity firm investing across energy transition and innovation, has completed its acquisition of a majority shareholding in EEF Erneuerbare Energien Fabrik (EEF), a German developer of energy solutions with locations in Berlin, Hamburg and Wiesbaden.

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With More States Voting to Legalize Marijuana, Is Canopy Growth Stock a Buy?

The Motley Fool

7 to legalize recreational marijuana use for adults, there will soon be yet another state cannabis market opening in the U.S. Long story short, its management didn't want to wait any longer for the country to legalize cannabis at the federal level before starting to compete. But this convoluted process has gone badly awry.

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Is the Business Model of Altria Stock Finally About to Break?

The Motley Fool

Since the release of the Surgeon General's report on smoking 60 years ago, usage has declined and tobacco companies like Altria had to pay out hundreds of billions of dollars in legal settlements. That situation should put shareholders on notice, forcing them to consider whether they should stay in Altria stock amid this uncertainty.

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Stonepeak Completes Acquisition of 49% Stake in Cellnex Nordics for €730m

Private Equity Insights

Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up Marco Patuano, Cellnex CEO, commented: “The early closing of the sale of a minority stake in our Nordic business marks another significant step forward in our goal to attain investment grade ratings.

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