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Business

Berkshire Hathaway Buys Back $9.6 Billion in Stock as Quarterly Profit Falls

Operating earnings slipped 5.8 percent, insurance underwriting dropped sharply, and cash rose to $377.4 billion in Greg Abel's first year as chief executive

Berkshire Hathaway repurchased $9.6 billion of its own stock in the third quarter as net earnings fell to $22.1 billion. Operating...

#Berkshire Hathaway #Greg Abel #Buybacks
Entro · 6 min