Berkshire Hathaway, the investment company of Warren Buffett, has spent more than US$1.8 billion (approximately NT$54.8 billion) to repurchase its own shares this year.

(Associated Press)

[Financial Channel/Comprehensive Report] Foreign media reported that since the beginning of this year, Berkshire Hathaway, an investment company owned by Warren Buffett, has used more than US$1.8 billion (approximately NT$54.8 billion) to repurchase own stocks.

"Reuters" reported that according to the documents submitted by Berkshire Hathaway a few days ago, as of March 8, the number of A shares of the company was 1,455,698, a decrease of 4,035 shares compared with the end of 2022, and less than that of February 13 this year. 2537 shares were sold.

The reduction in the number of shares mentioned above reflects the number of shares repurchased by Berkshire Hathaway.

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The report pointed out that Berkshire Hathaway's share repurchase also includes the company's Class B shares.

Class B shares typically cost about one in 1500 of Class A shares.

According to data, between 2020 and 2022, Berkshire Hathaway conducted nearly US$60 billion (approximately NT$1.82 billion) in stock repurchases.

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