---
schema_version: "secwatch.filing_event.v1"
accession: "0000927066-24-000083"
form_type: "8-K"
ticker: "DVA"
cik: "0000927066"
company_name: "DAVITA INC."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:47:59.871428+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# DaVita enters share repurchase agreement with Berkshire Hathaway to cap ownership at 45%

## Summary
- Agreement requires DaVita to repurchase shares from Berkshire quarterly if ownership exceeds 45% of outstanding.
- Immediate repurchase triggered if Berkshire ownership exceeds 49.5%.
- Berkshire agrees to vote any shares beneficially owned above 40% as per board recommendation.
- Existing standstill agreement from February 2022 remains in effect.
- Repurchase price is volume-weighted average price paid by DaVita for open-market repurchases in the period.

## SEC filing metadata
- accession: 0000927066-24-000083
- form_type: 8-K
- ticker: DVA
- cik: 0000927066
- company_name: DAVITA INC.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/927066/000092706624000083/0000927066-24-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/927066/000092706624000083/dva-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000927066-24-000083
- JSON: https://secwatch.observer/filing/0000927066-24-000083.json
- Plain text: https://secwatch.observer/filing/0000927066-24-000083.txt

## Key facts
- Material Agreements
  DAVITA INC. entered into Share Repurchase Agreement with Berkshire Hathaway Inc. valued at share repurchase agreement: Company to repurchase from Investor shares sufficient to return benefici (effective 2024-04-30).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Berkshire Hathaway Inc.
  - Value: share repurchase agreement: Company to repurchase from Investor shares sufficient to return benefici
  - Effective: 2024-04-30
  source text: On April 30, 2024, DaVita Inc. (the “Company”) entered into a letter agreement (the “Share Repurchase Agreement”) with Berkshire Hathaway Inc., on behalf of itself and its Affiliates (as defined in Rule 12b-2 under the Securities Exchange Act of 1934, as amended) (collectively, “Investor”), the largest stockholder of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/927066/000092706624000083/0000927066-24-000083-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.