Warren Buffett’s Berkshire Hathaway spent a record $2.2 billion on its own stock at the end of 2019
- Warren Buffett, the chairman and CEO of Berkshire Hathaway, released his annual letter detailing the company’s annual performance to shareholders on Saturday.
- In the fourth quarter of 2019, Berkshire Hathaway spent $2.2 billion on share buybacks, the most the company has repurchased in a single quarter.
- Berkshire Hathaway’s cash pile was $128 billion at the end of the year. It reached the record amount in the third quarter of 2019.
- on Business Insider.
In the final three months of 2019, Berkshire Hathaway, led by famed value investor Warren Buffett, repurchased $2.2 billion of its own stock, the most the