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Berkshire Slows Buyback Pace With $6.9 Billion of Repurchases
The Wall Street Journal
Berkshire Hathaway Net Earnings Rose 11% in Fourth Quarter
Warren Buffett’s Berkshire Hathaway said net earnings jumped 11% on investment gains. Berkshire’s fourth-quarter net earnings rose to $39.65 billion, or $26,690 per Class A share equivalent, from $35.84 billion, or $23,015 a share, in the same period a year before. Many of Berkshire’s businesses posted higher revenue last year, reflecting the economy’s broad recovery from the disruptions caused by the coronavirus pandemic as it swept through the globe in early 2020.