Warren Buffett, the billionaire who controls Berkshire Hathaway, has signalled he is prepared to take more aggressive measures to address perceived undervaluation of his sprawling conglomerate.
Berkshire said yesterday it had spent $1.2bn buying back 9,200 shares from the estate of a long-term shareholder, and changed its criteria for future buybacks to give the 82-year-old investor more latitude to repurchase stock.
The move comes as Mr Buffett continues to search for his next large acquisition for a group that already controls more than 70 businesses selling everything from butterscotch to prefabricated homes.
您已閱讀36%(617字),剩余64%(1074字)包含更多重要信息,訂閱以繼續探索完整內容,并享受更多專屬服務。