updated 1/28/2010 6:50:19 PM ET 2010-01-28T23:50:19

Berkshire Hathaway Inc. won't issue additional stock when it joins the S&P 500 and S&P 100 stock indexes.

Warren Buffett's company said Thursday the only shares it plans to issue in the near future are the ones required as part of Berkshire's $26.3 billion acquisition of Burlington Northern Santa Fe Corp.

Buffett's Omaha, Neb.-based company says it's received several inquiries about whether it will issue stock since Standard & Poor's announced plans Tuesday for Berkshire to replace BNSF in its indexes.

All the investment funds that mirror the S&P 500 will buy Berkshire stock after it joins the index, so there will be demand. Buffett has said he expects those investment funds to buy about 6 percent of Berkshire's stock.

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Discussion comments


Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 3.79%
$30K home equity loan FICO 4.99%
$75K home equity loan FICO 4.69%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.83%
Cash Back Cards 17.80%
Rewards Cards 17.18%
Source: Bankrate.com