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.

NewsBeagle is a discovery engine. We show the headline, a short source-supplied summary and clear attribution. The complete reporting remains with the publisher.