Warren Buffet, chairman and CEO of Berkshire Hathaway, speaks during the company’s virtual annual shareholders meeting, on May 2, 2020. Photo: Bloomberg Warren Buffet, chairman and CEO of Berkshire Hathaway, speaks during the company’s virtual annual shareholders meeting, on May 2, 2020. Photo: Bloomberg
Warren Buffet, chairman and CEO of Berkshire Hathaway, speaks during the company’s virtual annual shareholders meeting, on May 2, 2020. Photo: Bloomberg

Warren Buffett buys back Berkshire Hathaway stock as sage of Omaha struggles to deploy cash into higher-returning assets

  • Berkshire Hathaway’s US$9 billion stock buy-backs in the third quarter are the biggest by a US company after Apple
  • Berkshire stock climbed 20 per cent in the third quarter, surpassing the 8.5 per cent gain in the S&P 500 Index during the same period

Topic |   Warren Buffett
Warren Buffet, chairman and CEO of Berkshire Hathaway, speaks during the company’s virtual annual shareholders meeting, on May 2, 2020. Photo: Bloomberg Warren Buffet, chairman and CEO of Berkshire Hathaway, speaks during the company’s virtual annual shareholders meeting, on May 2, 2020. Photo: Bloomberg
Warren Buffet, chairman and CEO of Berkshire Hathaway, speaks during the company’s virtual annual shareholders meeting, on May 2, 2020. Photo: Bloomberg
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