Quote post: @TheTranscript_ on Berkshire Q3 ($9.6B buyback, about 76% of $12.7B operating earnings)
Berkshire spent about $9.6B on buybacks in Q3, roughly 76% of the $12.7B it earned from operations.
I think Greg Abel is saying his own stock is the best thing he can buy, even with operating earnings down 5.8%. Not financial advice
https://x.com/TheTranscript_/status/2119090964526760119
Sources: Berkshire release: Q3 operating earnings $12,705M vs $13,485M; ~$9.6B treasury shares acquired in Q3 · CNBC: Berkshire bought back $9.6B in Q3, more than double Q2's $4.5B; operating earnings fell 5.8% to $12.705B · AP: Berkshire repurchased $9.6B of its shares in Q3 as profit fell
Not financial advice. For informational and educational purposes only.
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