Warren Buffett, billionaire investor and chairman and CEO of Berkshire Hathaway, believes stock buybacks can often be the best use of corporate cash.
Democratic senators Chuck Schumer and Bernie Sanders unveiled a plan this week to limit companies' ability to issue buybacks.
Berkshire has recently been increasing its buyback activity. Buffett's largest stock holding, Apple, has completed eight of the 10 largest quarterly buybacks ever.
Submitted February 07, 2019 at 07:57AM by coolcomfort123 http://bit.ly/2GfJE40
