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Has either Berkshire or Buffett provided information on what happens to Class A stock once Buffett's controlling block has been converted to B shares and donated to the respective foundations? If I recall the AR correctly, nearly half of the 1,654,000 A shares have already been converted to Bs, and about 450,000 of the remaining A shares are held by others than Buffett, the Board, and senior Berkshire management. With 10,000 votes per A share, Buffett's block ensures control, even with the annual 5% decreases.
The company has undoubtedly considered the impact of the ever-declining number of A shares, but I can't recall reading anything about its response.
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