Posted By John W. B. Rich Posted On

Old Man Goes Grocery Shopping (Buffett Adds Kroger)

Berkshire Hathaway disclosed in its latest 13F filing that the conglomerate has added to its holdings in Kroger, Inc. Kroger is up 0.5% after-hours on the news.

Warren Buffett announced a massive acquisition of Kroger shares earlier in the year, purchasing 19 million shares for $549 million. That investment had an average purchase price of $28.89; Kroger stock closed today’s sessions at $32.30.

Kroger is up about 12% year-to-date.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *