The much-awaited Berkshire Hathaway Annual Shareholders Meeting is scheduled for May 4. Warren Buffett-led company will also announce its first-quarter earnings on the same day.
CNBC will exclusively broadcast the event. The live stream on CNBC.com will begin at 7:30 PM India Standard Time (IST).
Thousands of people gather in Omaha to hear from legendary investor Warren Buffett every year, but this time won’t be the same due to the absence of his friend and investing partner Charlie Munger.
Munger was the former Berkshire Hathaway vice chairman and passed away last November at the age of 99. The Berkshire Hathaway AGM will be held without Munger alongside Buffett for the first time.
Berkshire will also broadcast its annual meeting movie that had previously always been reserved only for those in attendance in Omaha. Many speculate this year’s will be a tear-jerker tribute to Munger.
Before the Annual Shareholders Meeting, Warren Buffett, Berkshire’s Chairman and Chief Executive Officer, Greg Abel, Vice Chairman of Non-Insurance Operations, and Ajit Jain, Vice Chairman of Insurance Operations, will hold a question-and-answer session that will commence at around 9:15 AM CT or 7:45 PM IST.
Also Read: Buffett retakes the stage as Berkshire prepares to pass the baton
Greg Abel, Buffett’s designated successor, will fill Munger’s seat in the afternoon session, helping answer shareholder questions. Vice Chairman of Insurance Operations Ajit Jain will join Buffett, the CEO, and Abel in the morning session. Buffett has said they expect to field about 40 to 60 questions on May 4.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.