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KM Financial Solutions | UPDATE 2-Buffett: Berkshire more inclined to repurchase stock than pay dividends
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UPDATE 2-Buffett: Berkshire more inclined to repurchase stock than pay dividends

25 Feb UPDATE 2-Buffett: Berkshire more inclined to repurchase stock than pay dividends

Posted at 13:34h in News by
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NEW YORK, Feb 26 (Reuters) – Warren Buffett, chairman and
CEO of Berkshire Hathaway Inc, said his conglomerate,
which is sitting on $116 billion of cash, is “more inclined” to
repurchase stock than pay dividends as a means to use excess
cash.

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