OMAHA, Neb. (AP) – The stock price of Warren Buffett’s Berkshire Hathaway topped $200,000 for the first time Thursday.
Class A shares of Berkshire jumped past the milestone to an all-time trading high of $201,740 Thursday morning.
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.
Berkshire’s Class A shares first garnered a six-figure stock price in October 2006 when they moved above $100,000.
Earlier this month, the Omaha-based company reported second-quarter profits of $6.4 billion, or $3,889 per Class A share.