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Warren Buffett’s Berkshire Hathaway spent a record $2.2 billion on its own stock at the end of 2019

warren buffett

  • Warren Buffett, the chairman and CEO of Berkshire Hathaway, released his annual letter detailing the company’s annual performance to shareholders on Saturday.
  • In the fourth quarter of 2019, Berkshire Hathaway spent $2.2 billion on share buybacks, the most the company has repurchased in a single quarter.
  • Berkshire Hathaway’s cash pile was $128 billion at the end of the year. It reached the record amount in the third quarter of 2019.
  • on Business Insider.

In the final three months of 2019, Berkshire Hathaway, led by famed value investor Warren Buffett, repurchased $2.2 billion of its own stock, the most the read more >>>

Source:: BusinessInsider.Com