Warren Buffett's Berkshire Hathaway Inc. has raised again its stake in building products maker USG Corp. to 17.3 percent from 16.5 percent, according to the most recent filing of Berkshire Hathaway. As of Aug. 21, Buffett bought 567,218 more shares of USG, raised his holdings in the company to 15.6 million shares. The price of the transaction is around $45.92.
It was the latest in a series of recent moves by Buffett to raise his holding of stock in USG, which in late July concluded a rights offering in which Berkshire was the backstop purchaser. Chicago-based USG emerged from bankruptcy protection in June.
"We appreciate Warren Buffett's support and like having Berkshire Hathaway as a shareholder," said USG spokesman Robert Williams.
It was the latest in a series of recent moves by Buffett to raise his holding of stock in USG, which in late July concluded a rights offering in which Berkshire was the backstop purchaser. Chicago-based USG emerged from bankruptcy protection in June.
"We appreciate Warren Buffett's support and like having Berkshire Hathaway as a shareholder," said USG spokesman Robert Williams.
