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Saturday, August 7, 2021

Buffett Slows Buybacks, Sells Stocks With Market at Highs - Bloomberg

unitedstatepolitics.blogspot.com

Warren Buffett slowed his roll.

Despite having more than $144 billion of funds at his disposal, the Berkshire Hathaway Inc. chief executive officer ended up taking a step back with his capital deployment during the second quarter. He repurchased just $6 billion of Berkshire stock, the lowest amount of buybacks since the middle of 2020, and was a net seller of other stocks for the third quarter in a row, according to the conglomerate’s second-quarter earnings released Saturday.

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"Market" - Google News
August 07, 2021 at 07:10PM
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Buffett Slows Buybacks, Sells Stocks With Market at Highs - Bloomberg
"Market" - Google News
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