Berkshire Hathaway's Class A common stock is currently trading at $306,000 per share. What split ratio...

Question

Question

Berkshire Hathaways Class A common stock is currently trading at $306,000 per share. What split ratio would be needed to bri

Answer 1

Answer #1

Let the split Ratio be x to 1

Price of share before split = $306000

Price of share after split = $100

Hence, Price of share before split / Split Ratio = Price of share after split

=> 306000/x = 100

=> x = 306000/100 = 3060

Hence, the split ratio will be 3060 to 1

Answer 2

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