Berkshire Hathaway more than doubles buybacks in third quarter as earnings decline

Share

Berkshire Hathaway repurchased $9.6 billion of its own shares in the third quarter, more than double the $4.5 billion bought back in the previous quarter. This brought total buybacks for 2026 to approximately $14.4 billion. Operating earnings fell 5.8% to $12.705 billion due to weaker insurance results, while overall earnings dropped 28% to $22.112 billion. Meanwhile, cash holdings increased 3% to $377.435 billion, and Berkshire Hathaway shares gained more than 12% over the past month, compared with a 5.5% decline for the S&P 500.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items