Stock Gains Power Higher Berkshire Profit, Buffett Presses On With Stock Buybacks
about 3 years in theepochtimes
Warren Buffett’s Berkshire Hathaway Inc on Saturday said stock market gains fueled a record quarterly profit, while the billionaire signaled investors are undervaluing his company by repurchasing another $9 billion of its stock. Berkshire’s fourth-quarter buybacks boosted the company’s overall stock repurchases to $24.7 billion in 2020, five times the record from a year earlier, […]