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Stock impact report

Phillips 66 agrees to repurchase shares from Berkshire Hathaway subsidiary [Reuters]

Phillips 66 (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
Company Research Source: Reuters
Phillips 66 agrees to repurchase shares from Berkshire Hathaway subsidiary | Reuters Reuters Staff 1 Min Read Feb 13 (Reuters) - U.S. refiner Phillips 66 said it has agreed to repurchase 35 million of its own shares from a Berkshire Hathaway Inc subsidiary for $3.28 billion. Phillips 66 will pay Berkshire Hathaway $93.725 for each of its own shares. On Tuesday, Phillips 66 shares closed at $93.59 per share, implying the company is buying the shares at a premium of 0.14 percent. Reporting by Taenaz Shakir in Bengaluru; Editing by ChrisReese All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved. Phillips 66 agrees to repurchase shares from Berkshire Hathaway subsidiary Feb 13 (Reuters) - U.S. refiner Phillips 66 said it has agreed to repurchase 35 million of its own shares from a Berkshire Hathaway Inc subsidiary for $3.28 billion. Phillips 66 will pay Berkshire Hathaway $93.725 for each of its own Show less Read more
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