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Monday September 26th, 2016 11:36PM

Berkshire Hathaway stock tops $200,000 a share

By The Associated Press
OMAHA, Neb. (AP) -- The stock price of Warren Buffett's Berkshire Hathaway topped $200,000 for the first time Thursday.<br /> <br /> Class A shares of Berkshire jumped past the milestone to an all-time trading high of $201,740 Thursday morning.<br /> <br /> The shares have long been the most-expensive U.S. stock. Buffett has never split Berkshire's A shares, although he did create more affordable Class B shares in 1996 that now sell for just over $134.<br /> <br /> Berkshire's Class A shares first garnered a six-figure stock price in October 2006 when they moved above $100,000.<br /> <br /> Earlier this month, the Omaha-based company reported second-quarter profits of $6.4 billion, or $3,889 per Class A share.<br /> <br /> Berkshire Hathaway has come a long way since Buffett's investment partnership started buying shares for $7 and $8 apiece in 1962. At that point, Berkshire was a New England textile company.
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