Berkshire Hathaway’s functioning earnings soar 20%, conglomerate buys back yet another $1 billion in stock

Berkshire Hathaway’s functioning earnings soar 20%, conglomerate buys back yet another billion in stock

Key Factors

Berkshire’s operating earnings totaled $7.761 billion in the 3rd quarter, up 20% from 12 months-previously time period.
The conglomerate put in $1.05 billion in share repurchases, bringing the 9-month total to $5.25 billion.
The Omaha-dependent organization endured a $10.1 billion reduction on its investments for the duration of the 3rd quarter’s market place turmoil, even so.

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