In Bullish Move, Buffett’s Berkshire Lifts Cap on Buybacks
July 17, 2018 at 19:20 PM EDT
Andrew Harrer/Bloomberg Berkshire Hathaway (ticker: BRK.A) has changed its policy on share repurchases, announcing late today that the company can buy back stock at any time if both CEO Warren Buffett and vice chairman Charlie Munger “believe that the repurchase price is below Berkshire’s intrinsic value, conservatively determined.” The new policy is expected to be bullish […]
