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Berkshire Hathaway buys back US$9.6-billion of stock as profits declined

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Image from The Globe and Mail

Summary

Berkshire Hathaway said Saturday it accelerated its share repurchases during the third quarter, as operating and overall profits took a hit. OMAHA, Neb. Covered by 5 outlets: 1 lean left, 4 are centre.

Automated summary picked from the outlets' own descriptions.

Who is covering this

  1. Google News Center Factuality: High US
    Berkshire Hathaway buys back $9.6 billion of its own stock but its profits declined - AP News

    Berkshire Hathaway buys back $9.6 billion of its own stock but its profits declined AP News Berkshire Hathaway more than doubles buybacks in third quarter as earnings decline CNBC Berkshire Hathaway’s Quarterly Profit Falls After Investment Gains Shrink WSJ Berkshire Hathaway...

  2. News Center Factuality: Mostly factual IN
    Berkshire Hathaway spends $9.6 billion on buybacks as Greg Abel steps up AI bets - Moneycontrol.com

    Berkshire Hathaway spends $9.6 billion on buybacks as Greg Abel steps up AI bets Moneycontrol.com Berkshire Hathaway more than doubles buybacks in third quarter as earnings decline CNBC Berkshire Hathaway’s Quarterly Profit Falls After Investment Gains Shrink WSJ Berkshire...

  3. The Globe and Mail Center Factuality: High CA
    Berkshire Hathaway buys back US$9.6-billion of stock as profits declined

    Company reported a US$22.1-billion profit, or US$15,502 per Class A share, on Saturday

  4. The Seattle Times Not rated US
    Berkshire Hathaway buys back $9.6 billion of its own stock but its profits declined

    Berkshire Hathaway repurchased $9.6 billion worth of its own stock in the third quarter, but Geico's numbers worsened and its overall profit fell more than 28% as the value of its investments changed.

  5. Bangor Daily Leans left Factuality: High US
    Berkshire Hathaway buys back $9.6 billion of its own stock but its profits declined

    OMAHA, Neb. (AP) — Berkshire Hathaway repurchased $9.6 billion worth of its own shares in the third quarter, but Geico disappointed and its overall profit fell more than 28% as the value of its investments changed. But the buybacks likely came to a halt recently as...

  6. CNBC Center Factuality: High US
    Berkshire Hathaway more than doubles buybacks in third quarter as earnings decline

    Berkshire Hathaway said Saturday it accelerated its share repurchases during the third quarter, as operating and overall profits took a hit.

  7. Reuters Center Factuality: Very high GB
    Berkshire Hathaway accelerates stock buybacks, operating profit falls - Reuters

    Berkshire Hathaway accelerates stock buybacks, operating profit falls Reuters

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