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Berkshire Hathaway Resumes Share Buybacks Amid Slumping Operating Income Business

Berkshire Hathaway Resumes Share Buybacks Amid Slumping Operating Income

Short2News· 4h ago ·1 reads

Warren Buffett-led Berkshire Hathaway resumed buying back its own shares in the first quarter after a pause of over a year. CEO Greg Abel initiated the repurchases because the shares were trading below their intrinsic value. The move comes as the conglomerate reported a slip in its operating income.

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