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, […]

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