Berkshire shares surge as Buffett wins more power for stock buybacks

July 18, 2018 admin Business News Comments Off on Berkshire shares surge as Buffett wins more power for stock buybacks

Berkshire Hathaway Inc shares rallied on Wednesday after the conglomerate’s board gave its billionaire chairman, Warren Buffett, more freedom to conduct stock buybacks and whittle down a $108.6 billion stockpile of cash.

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Source:: Reuters – Business News