Berkshire Hathaway, led by Warren Buffett, spent $77.5B on share buybacks since 2018.
Berkshire Hathaway, led by Warren Buffett, has spent $77.5B on share buybacks since 2018, with $75B on purchasing its own shares. This is due to the company's large cash pile and difficulty finding significant investments. The move aligns with Buffett's investment philosophy and history of success. In addition to buying back shares, Berkshire also spent $38B on accumulating Apple shares since 2016.
June 01, 2024
3 Articles