Berkshire Hathaway Inc. spent about $9.6 billion to buy back its own shares in the third quarter, a sign the company’s executives viewed the stock as undervalued. But declining insurance underwriting weighed on its operating earnings in a mixed quarter for the company. Bloomberg's Matthew Palazola joins to discuss. (Source: Bloomberg)
Berkshire Hathaway Inc. spent about $9.6 billion to buy back its own shares in the third quarter, a sign the company’s executives viewed the stock as undervalued. But declining insurance underwriting weighed on its operating earnings in a mixed quarter for the company. Bloomberg's Matthew Palazola joins to discuss. (Source: Bloomberg)
<iframe src="https://statesidedaily.com/embed/cluster/1d23593f3d088526a1551652e4bb630cff984a2e" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Berkshire Hathaway Boosts Buybacks as Operating Income Slips"></iframe>
Berkshire Hathaway Inc. spent about $9.6 billion to buy back its own shares in the third quarter, a sign the company’s executives viewed the stock as undervalued. But declining insurance underwriting weighed on its operating earnings in a mixed quarter for the company.
