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Buffett's Berkshire reports stake in RH furniture chain

Credit: REUTERS/SCOTT MORGAN

Warren Buffett's Berkshire Hathaway Inc on Thursday said it has begun investing in RH, the furniture chain once known as Restoration Hardware.

Nov 14 (Reuters) - Warren Buffett's Berkshire Hathaway Inc BRKa.N on Thursday said it has begun investing in RH RH.N, the furniture chain once known as Restoration Hardware.

Berkshire owned about 1.21 million RH shares worth $206.3 million as of Sept. 30, according to a regulatory filing detailing Berkshire's U.S.-listed stocks as of that date.

RH shares rose 6.7% in after-hours trading following Berkshire's announcement.

(Reporting by Jonathan Stempel in New York; Editing by Sandra Maler)

((jon.stempel@thomsonreuters.com; +1 646 223 6317; Reuters Messaging: jon.stempel.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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