berkshire hathaway verisign

Order byBest matchMost fresh

Verisign falls

VeriSign falls after Buffett's Berkshire sells $1.23 billion stock

By Jonathan Stempel (Reuters) -VeriSign shares fell on Tuesday after Warren Buffett's Berkshire Hathaway sold nearly one-third of its stake in the internet infrastructure and domain name registry company for $1.

· 20h · on MSN

Berkshire Hathaway Selling Part of Verisign Stake; Stock Falling After-Hours

· 13h

VeriSign Stock Falls After Berkshire Hathaway Cuts Holdings

· 21h

Buffett's Berkshire sells one-third of VeriSign stake for $1.23 billion

The sale of 4.3 million VeriSign shares at $285 each generated gross proceeds of about $1.23 billion, reducing Berkshire's ownership stake to 9.6% from 14.2%.

EconoTimes · 21h

Berkshire Hathaway Cuts VeriSign Stake by One-Third in $1.23 Billion Sale

· 23h

Warren Buffett once explained how to turn $10,000 into $30 billion if he was a new investor — here are the 3 steps

Why VeriSign (VRSN) Shares Are Trading Lower Today

Shares of domain name registry operator Verisign (NASDAQ:VRSN) fell 8.5% in the morning session after news that major shareholder Berkshire Hathaway sold a significant portion of its stake in the company at a discount.

1don MSN

Buffett's Berkshire to Sell One-Third of VeriSign Stake

VeriSign, based in Reston, Virginia, said the sale of 4.3 million shares was intended to reduce Berkshire's stake to below 10%, a threshold that triggers regulatory obligations. Berkshire may sell an additional 515,032 shares to meet demand. VeriSign will receive no proceeds from the sale.

VeriSign Shares Decline on Pricing of Shareholder Offering

VeriSign shares dropped after the company released the pricing of its previously announced underwritten secondary offering of its common stock by affiliates of Berkshire Hathaway. Shares were down 7% at $284.72 on Tuesday. The stock has been down 1.6% this month.

The Business Times21h

Buffett’s Berkshire sells one-third of VeriSign stake for US$1.23 billion

BERKSHIRE Hathaway sold about one-third of its stake in VeriSign, an internet infrastructure and domain name registry company that Warren Buffett’s conglomerate has invested in since 2012, VeriSign said on Monday.

Berkshire Hathaway: A Tale Of 2 Railways

Berkshire Hathaway is a resilient investment with strong cash reserves, defensive value, and growth potential. Click here to read an analysis of BRK.A stock now.