Warren Buffett said on Friday Berkshire Hathaway’s annual shareholder meeting will continue on as planned, but shareholders won’t be able to physically attend.
The meeting slated for May 2, held in Buffett’s hometown of Omaha, Neb., will be moved online as the coronavirus pandemic continues to impact people and businesses worldwide. Other special events associated with the annual meeting, known to draw crowds of investors to Omaha, are also canceled.
“We won’t ask this of our employees and we won’t expose Omaha to the possibility of becoming a ‘hot spot’ in the current pandemic,” wrote Buffett in a letter to shareholders Friday. “Therefore, we will limit attendance to me, possibly Charlie, and several Berkshire employees who will deliver proxy votes.”
The billionaire investor said Yahoo will stream the meeting and that it could potentially include questions from a select few journalists.
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