Berkshire Hathaway buys back $9.6 billion of its own stock but its profits declined
Berkshire Hathaway repurchased $9.6 billion worth of its own stock in the third quarter, but Geico disappointed and its overall profit fell more than 28% as the value of its investments changed
Reported by ABC News. We will add other newspapers as they cover it.
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Berkshire Hathaway buys back $9.6 billion of its own stock but its profits declined
Berkshire Hathaway repurchased $9.6 billion worth of its own stock in the third quarter, but Geico disappointed and its overall profit fell more than 28% as the value of its investments changed
