Reported 2 months ago
Warren Buffett has recently purchased an additional $345 million in shares of Berkshire Hathaway, bringing his total stock buyback investment to nearly $78 billion over the past six years. This aggressive buyback strategy was made possible by a policy change in 2018 that allowed for buybacks without restrictions, significantly benefiting long-term shareholders by increasing their ownership stakes and potentially enhancing earnings per share.
Source: YAHOO