Followers | 438 |
Posts | 45331 |
Boards Moderated | 4 |
Alias Born | 05/11/2008 |
Tuesday, January 19, 2010 8:47:08 AM
http://www.mineweb.co.za/mineweb/view/mineweb/en/page67?oid=96128&sn=Detail
The South Korean miner says Buffett had indicated he wanted to buy more POSCO stock
Posted: Tuesday , 19 Jan 2010
SEOUL (Reuters) -
South Korea's POSCO (005490.KS) said on Tuesday U.S. investor Warren Buffett, whose investment vehicle owns 4.5 percent of the world's No.4 steelmaker, had indicated he wanted to buy more POSCO stocks.
POSCO said in a statement that the U.S. billionaire said he wanted to own more POSCO stocks after missing the opportunity to buy them on dips last year when the global financial crisis depressed equity asset values.
The comments were made while POSCO chief executive Chung Joon-yang visited Buffett's Berkshire Hathaway (BRKa.N) (BRKb.N) headquarters in Omaha, Nebraska on Monday, POSCO said.
Shares in POSCO, worth $46 billion, have enjoyed steady recovery momentum since last year, more than doubling from a 2009 low in March to hit a two-year high of 633,000 won last week.
The shares were trading up 1.2 percent at 605,000 won as of 0359 GMT, versus a 0.25% gain in the broader market .
(Reporting by Miyoung Kim; Editing by Jonathan Hopfner)
Recent PKX News
- POSCO HOLDINGS INC. Files its Annual Report on Form 20-F • PR Newswire (US) • 04/29/2024 11:26:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/27/2024 02:29:40 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/31/2024 10:02:01 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/31/2024 10:00:31 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/31/2024 09:58:25 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/31/2024 09:56:56 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/31/2024 09:54:58 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/31/2024 09:51:56 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/23/2024 02:31:57 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/23/2024 02:29:55 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/23/2024 02:25:25 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/27/2023 05:32:27 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/27/2023 05:23:56 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/26/2023 06:23:55 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/19/2023 10:17:26 AM
- POSCO Group Devotes Its Full Resources to Support Busan's Bid for World Expo 2030 • PR Newswire (US) • 10/16/2023 12:00:00 PM
- POSCO Group Devotes Its Full Resources to Support Busan's Bid for World Expo 2030 • PR Newswire (US) • 10/16/2023 07:57:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/12/2023 10:07:01 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/11/2023 10:06:56 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/06/2023 10:34:10 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/05/2023 02:44:34 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/05/2023 02:41:02 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/18/2023 07:26:06 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/08/2023 03:34:07 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/08/2023 03:29:05 PM
ILUS Provides an Update on the Binding Term Sheet Signed with Actelis Networks (NASDAQ: ASNS) • ILUS • May 31, 2024 12:52 PM
Element79 Gold To Provide Summary and Update on Active Exploration Program, Community Relations at RMEC on June 4 • ELEM • May 30, 2024 1:18 PM
Branded Legacy Secures Exclusive Extraction Partnership with One of the World's Largest Kava Distributors and Producers • BLEG • May 30, 2024 8:30 AM
ECGI Holdings, Inc. Announces $2 Million Debt-to-Equity Conversion • ECGI • May 30, 2024 8:30 AM
North Bay Resources Reports Assays up to >25% Mg, 0.1% Ni, 0.1% Cu, 0.01% Co, 0.3 ppm Pt at Tulameen Platinum Project, British Columbia • NBRI • May 29, 2024 9:03 AM
One World Products, Inc. Issues Shareholder Update • OWPC • May 29, 2024 8:20 AM