Day: November 14, 2021

Warren Buffett simply poured one other $7.6B into his all-time favourite enterprise — listed below are 3 different firms doing one thing related

Warren Buffett simply poured one other $7.6B into his all-time favourite enterprise — listed below are 3 different firms doing one thing related

When Warren Buffett’s holding firm Berkshire Hathaway spends billions of {dollars} on an funding, it often makes headlines.

However there wasn’t an excessive amount of hype surrounding Berkshire’s $7.6 billion buy in Q3 — and for a great purpose: The corporate was shopping for again its personal shares.

Buybacks are a typical means for firms to return capital to shareholders.

By repurchasing its shares, Berkshire lowered the variety of shares excellent, giving every remaining shareholder a bigger stake of the corporate.

It’s not the primary time that Buffett has purchased again inventory this yr. Berkshire repurchased $6.6 billion of its shares in Q1, adopted by one other $6 billion price of buybacks in Q2.

However Berkshire is not alone. Right here’s a have a look at three

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