Warren Buffett says Berkshire’s annual meeting will be held without shareholders in attendance

Warren Buffett

Gerard Miller | CNBC

Warren Buffett declared Friday that Berkshire Hathaway’s yearly shareholder’s meeting will not be held with shareholders present as the coronavirus proceeds to unfold.

“I very substantially regret this action for numerous a long time the annual meeting has been a large stage of the year for me and my companion, Charlie Munger,” Buffett mentioned in a letter to shareholders. “It is now obvious, nonetheless, that substantial gatherings can pose a well being threat to the participants and the greater local community.”

“Consequently, we will restrict attendance to me, perhaps Charlie, and several Berkshire workforce who will provide proxy votes,” Buffett famous. 

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