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Berkshire Hathaway tops earnings expectations as it adjusts buybacks
The company also increased share repurchases while cutting its cash hoard, according to the latest earnings coverage.
Berkshire Hathaway reported better-than-expected earnings, according to Yahoo Finance.
The coverage also says the conglomerate, which is no longer run by Warren Buffett, adjusted capital returns by upsizing buybacks while reducing its cash hoard.
The report frames the results as a positive earnings beat, alongside the updated approach to repurchases and cash levels.
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