Berkshire Hathaway Accelerates Share Buybacks and Sees Earnings Decline in Q3
BRK-B Berkshire Hathaway Inc
$570.89 -0.25%
View chart & analysis → - 1Berkshire Hathaway accelerated its share buybacks during the third quarter.
- 2Berkshire's $9.6 billion in share buybacks in Q3 is more than double its $4.5 billion in Q2.
- 3Berkshire's operating profit of $12.705 billion in Q3 decreased by 5.8% compared to the same period last year.
So what's the key point?
Berkshire Hathaway spent $9.6 billion buying back its own shares. Operating profit decreased by 5.8% compared to last year.
Source Bloomberg +3 · View original ↗
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