Berkshire Hathaway (NYSE:BRK.A; NYSE:BRK.B) Stock: $24 Billion Asset Move Takes Focus as FX-Driven Gains Emerge
Berkshire made net equity purchases and buybacks totaling approximately $24 billion last quarter, breaking a streak of 14 consecutive quarters as a net seller of stocks. This change represents Greg Abel’s most significant move on capital allocation since he took over as chief executive.