Berkshire's operating earnings surge as Buffett repurchases record $27 billion in stock during 2021

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Berkshire used $6.9 billion to buy back shares in the fourth quarter, bringing the total in share repurchases to a record $27 billion for 2021.

Berkshire Hathaway

For the year, Berkshire's operating earnings totaled $27.455 billion. That's up 25.2% from 2020's $21.992 billion. "Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns," Buffett wrote in the letter. "When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Lame, this guy only invests in himself

Supporting Russia? Buffett and many should be investigated

look at my naked photos?)

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU

Australia Australia Latest News, Australia Australia Headlines