Berkshire Hathaway more than doubles buybacks in third quarter as earnings decline
Headline from CNBC · First reported Nov 7, 8:01 AM ET () · Updated Nov 7, 9:02 AM ET · 3 sources, 4 articles
What's being reported
Berkshire Hathaway said Saturday it accelerated its share repurchases during the third quarter, as operating and overall profits took a hit.
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Berkshire Hathaway Boosts Buybacks as Operating Earnings Slide
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Berkshire Hathaway more than doubles buybacks in third quarter as earnings decline
Berkshire Hathaway said Saturday it accelerated its share repurchases during the third quarter, as operating and overall profits took a hit.
Berkshire Hathaway ploughs $9.6bn into share buybacks
New chief executive Greg Abel was a net seller of stocks as the conglomerate’s shares beat the S&P 500
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