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Chubb Shares Rise After Berkshire Discloses Stake

Provided by Dow Jones

May 15, 2024 8:54pm

By Sabela Ojea

Shares of Chubb rose on Wednesday in post-market trading after Berkshire Hathaway reported a stake in the company worth $6.72 billion.

The stock was up 5.2% to $266. Shares have jumped 27% over the past 12 months.

Berkshire Hathaway owns 25.9 million shares in Chubb, the company said in a Securities and Exchange Commission filing.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

May 15, 2024 16:54 ET (20:54 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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