secwatch.observer — SEC 8-K summary
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Issuer:     BERKSHIRE HATHAWAY INC (BRK-B)
CIK:        0001067983
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001193125-23-140854
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Berkshire Q1 operating earnings rise 12.6% to $8.07B; $4.4B in buybacks
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- Q1 2023 net earnings $35.5B vs $5.6B YoY, driven by $27.4B investment/derivative gains (incl. $2.4B from Pilot Travel Centers).
- Operating earnings $8.065B vs $7.160B YoY; insurance-underwriting profit surged to $911M from $167M.
- Insurance float rose ~$1B to $165B; BNSF earnings slipped to $1.247B from $1.371B.
- Share repurchases totaled ~$4.4B in Q1; Class A equivalent shares outstanding 1,450,152.
- Annual meeting: all directors re-elected; all six shareholder proposals defeated (climate, diversity, CEO/Chair split, etc.).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1067983/000119312523140854/0001193125-23-140854-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1067983/000119312523140854/d501487d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-140854

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