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https://finance.yahoo.com/news/warren-buffett-defends-stock-buybacks-144528493.html

In a new interview with Yahoo Finance, legendary investor Warren Buffett, the CEO of Berkshire Hathaway (BRK-A, BRK-B), contended that stock buybacks, a practice that’s come under scrutiny lately, make “nothing but sense.”

During the fourth quarter, Buffett spent just over $421 million on share repurchases, including $233.8 million spent on buybacks of Berkshire Hathaway’s A shares between December 13 to December 24.



Submitted April 19, 2019 at 09:06PM by coolcomfort123 http://bit.ly/2IuUO60

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