Berkshire Hathaway Resumed Buybacks. But the Shares Aren't Particularly Cheap

Berkshire Hathaway resumed buybacks. But the shares aren't particularly cheap

A narrower discount could limit how much stock Berkshire will repurchase and, in turn, how much support buybacks will give the shares.

Why Berkshire Hathaway Stock Barely Budged as Wall Street Sank on Oil Fears

Berkshire Hathaway’s Class B shares closed at $480.94 on Friday, down 0.1%, outperforming a 1.51% drop in the S&P 500. The company resumed share buybacks March 4, spending over $200 million by mid-month. Fourth-quarter operating profit fell 30% to $10.2 billion, while Geico’s underwriting profit and energy operations also declined. S&P Global warned it may cut Berkshire-owned PacifiCorp’s credit rating to junk. The post Why Berkshire Hathaway St…