CoreComm Internet

Features

Make this your home page

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 Berkshire's Class A stock price surged past $878,000 and topped where it was before Warren Buffett surprised investors with his plans to retire at the annual meeting in May 2025. He gave up the chairman title in September after 4...

Read More
 

----------
Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

CoreComm is not responsible for content on external sites. Please review the privacy and security policies of each vendor before making online purchases or providing personal information. Forecast Information Provided by AccuWeather.