Berkshire Hathaway (BRK.A) announces a share repurchase program, planning to reduce its cash holdings to no less than $20B. The company will pay no price higher than a 10% premium over the then-current book value of the shares.
Of course this does not mean the HAVE TO buy any shares...it's just a show of confidence by Mr. Buffett.
Monday, September 26, 2011
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