DaVita Inc. (NYSE:DVA) announces a share repurchase program. Under the agreement, the company will repurchase its own shares. The shares will be repurchased from Berkshire Hathaway Inc. The company will repurchase on a quarterly basis, a number of shares of Common Stock sufficient to return Investor?s aggregate beneficial ownership to 45.0% of the issued and outstanding Common Stock.

If at any time the investor holds more than 49.5% of company's share capital, it will trigger immediate share repurchase. The price to be paid for repurchase will be the volume-weighted average per share price paid by the Company for any shares of Common Stock repurchased by the Company from public stockholders pursuant to the Company?s share repurchase plan during the applicable repurchase period.