• More News
• Video

For the first time, average investors will be able to afford a piece of Warren Buffett.

Buffett’s Berkshire Hathaway plans to issue a 50-for-1 stock split of its class B shares as part of its acquisition of railroad company Burlington Northern. Once complete, the split would lower the share price to about $68, based on Friday’s close of $3,425. The stock was little changed after the company reported third-quarter earnings that narrowly beat analyst expectations.

Class B shares are down about 30 percent from closing at a record high in 2007, and many analysts believe they have room to grow. After the split, the company will likely be picked to be included in the S&P 500, which would bolster the appeal of the famed investor’s company.