Berkshire Hathaway records approximately $12.7 billion in Q3 operating profit and repurchases $9.6 billion in shares
BRK-B Berkshire Hathaway Inc
$589.83 +0.27%
View chart & analysis → - 1Berkshire recorded approximately $12.7 billion in operating profit for the third quarter.
- 2Berkshire Hathaway set a record by repurchasing $9.6 billion worth of its own shares this quarter.
- 3As of November 9, the first year since Warren Buffett stepped down from management, Berkshire Hathaway's stock price has risen by nearly 16%.
So what's the key point?
Berkshire Hathaway earned $12.7 billion in operating profit during the third quarter. The company also bought back $9.6 billion worth of its own shares.
Source The Motley Fool +1 · View original ↗
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