Berkshire Hathaway Buys Back $9.6 Billion of Stock as Profit Falls 28% in First Earnings Under New CEO Greg Abel
The Berkshire Hathaway stock buyback reached $9.6 billion in the third quarter, the company’s biggest quarterly repurchase of the year, even as its overall profit fell more than 28% in the first earnings report under new chief executive Greg Abel. The numbers, released on Saturday morning, offer the first real look at how the conglomerate … Read more