Berkshire Hathaway buys back US$9.6-billion of stock as profits declined
Summary
Berkshire Hathaway said Saturday it accelerated its share repurchases during the third quarter, as operating and overall profits took a hit. Covered by 3 outlets: 3 are centre.
Automated summary picked from the outlets' own descriptions.
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Berkshire Hathaway buys back US$9.6-billion of stock as profits declined
Company reported a US$22.1-billion profit, or US$15,502 per Class A share, on Saturday
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Berkshire Hathaway buys back $9.6 billion of its own stock but its profits declined
OMAHA, Neb. (AP) — Berkshire Hathaway repurchased $9.6 billion worth of its own shares in the third quarter, but Geico disappointed and its overall profit fell more than 28% as the value of its investments changed. But the buybacks likely came to a halt recently as...
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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.
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Berkshire Hathaway accelerates stock buybacks, operating profit falls - Reuters
Berkshire Hathaway accelerates stock buybacks, operating profit falls Reuters
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