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BofA dips as Berkshire continues its share-selling spree



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** Shares of second-largest U.S. lender Bank of America BAC.N fall 0.4% to $39.07 premarket

** Warren Buffett's Berkshire Hathaway BRKa.N raked in $337.9 mln by selling 8.5 mln BofA shares between Sept. 30 and Oct. 2, the conglomerate disclosed in a regulatory filing late Wednesday

** This marks the 13th round of share sale since mid-July

** Berkshire has so far sold 238.7 mln BofA shares since mid-July for $9.75 bln

** The conglomerate, still BofA's top shareholder, now owns a 10.2% stake worth $31.15 bln in the U.S. banking major as of last close

** Once Berkshire's holding in BofA falls below 10%, it will no longer be required to report stake sales regularly

** As of last close, BAC shares up 16.5% YTD



Reporting by Arasu Kannagi Basil in Bengaluru

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