Summary
Berkshire Hathaway Inc. (BRK-B) filed an 8-K on September 20, 2005, to report on the impact of Hurricane Katrina. The company issued a press release on September 19, 2005, detailing the effects of the hurricane on its operations and investments. This filing is important for investors as it provides insights into how a major natural disaster could affect Berkshire Hathaway's diverse business segments and overall financial performance. The press release, incorporated by reference, serves as the primary source of information regarding the company's assessment of Katrina's impact. Investors should review this document to understand potential losses, insurance claims, and any operational disruptions faced by Berkshire Hathaway's subsidiaries. This proactive disclosure demonstrates Berkshire Hathaway's commitment to transparency in communicating significant events that may influence shareholder value.
Key Highlights
- 1Berkshire Hathaway Inc. filed an 8-K on September 20, 2005, primarily related to the impact of Hurricane Katrina.
- 2The filing incorporates a press release issued by the company on September 19, 2005, which discusses the hurricane's effects.
- 3This report provides investors with an update on how a significant external event might affect Berkshire Hathaway's various businesses.
- 4The press release (Exhibit 99.1) is the key document for understanding the company's assessment of Katrina's financial and operational impact.
- 5The filing demonstrates Berkshire Hathaway's commitment to informing shareholders about material events.
- 6The CFO, Marc D. Hamburg, signed the report, indicating official company acknowledgement of the information.