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0.000220688548270632 0.000170532060027358 -0.00108338014605562 -0.00204638472032739 0.000100312976486661 0.000752347323649787 0.00222233368108503 0.000652034347163126
Stock impact report

Berkshire Hathaway resumes buybacks and CEO supports Kraft's decision to pause its split [Yahoo! Finance]

Berkshire Hathaway Inc. New (BRK.B) 
Last berkshire hathaway inc. new earnings: 11/2 07:00 am Check Earnings Report
US:NYSE Investor Relations: berkshirehathaway.com
Company Research Source: Yahoo! Finance
OMAHA, Neb. (AP) — Berkshire Hathaway is buying back shares for the first time in nearly two years, and new CEO Greg Abel said he has no immediate plans to sell off Kraft Heinz shares now that the packaged food giant has shelved its plan to split the company into two. Abel appeared on CNBC Thursday — less than a week after releasing his first letter to shareholders after taking over the top job at Berkshire from legendary investor Warren Buffett in January. Berkshire also took the unusual step of filing a formal notice with the Securities and Exchange Commission that it had begun repurchasing its shares Wednesday for the first time since May 2024. When Kraft first announced its plan to split the company in two last fall, Abel and Buffett expressed concerns about that because of the costs involved and the current struggles for some of the brands. So Abel said he agreed with new Kraft CEO Steve Cahillane's decision to pause the split. “For Steve to come in and say we're pausing i Show less Read more
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