OMAHA, Neb. (AP) - Investor Warren Buffett says his company’s scaled-back annual meeting will feature an abbreviated question-and-answer session this weekend.
Berkshire Hathaway is planning to hold a smaller, online annual meeting this Saturday without any shareholders present. All the other events surrounding the meeting, which normally attracts roughly 40,000 people to Omaha, Nebraska, have been cancelled.
Buffett said Monday that he and Berkshire Vice Chairman Greg Abel, who oversees Berkshire’s non-insurance businesses, will answer questions from a reporter at the meeting on Saturday afternoon. Berkshire will also release its first-quarter earnings report Saturday.
Berkshire’s online annual meeting will be broadcast by Yahoo Finance, so shareholders can watch. The company said Buffett and Abel will be the only directors present at the meeting.
The meeting usually attracts a huge crowd of people who want to hear Buffett and Berkshire Vice Chairman Charlie Munger answer questions over several hours.
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