Berkshire Hathaway Inc (BRK.A)

[fung_derf]

I don't think you are correct....

Berkshire History and the Introduction of Class B Shares
More than 20 years ago, Berkshire Hathaway was content with its highly valued, single class of stock. But the market was demanding a lower-priced, more common-stock nibble at the Berkshire pie, given that shares were trading for around $30,000 at that time. So in 1996, Warren Buffett, CEO of Berkshire Hathaway, and the board responded by issuing 517,500 shares of Class B shares, offering the ability to invest in the company for, initially, 1/30th the price (and equity) of a Class A share of stock.
3

Differences Between A and B Shares
Unlike the Class B shares, which split in 2010 and could potentially split again, Buffett has declared that the Class A shares will never experience a stock split because he believes the high share price attracts like-minded investors, those focused on long-term profits rather than on short-term price fluctuations.

A 50-to-1 stock split in 2010 sent the ratio to 1/1,500th. In other words, each share of a Class A common stock was convertible at any time to 1,500 shares of Class B common stock.
4