Buffett Slows Buybacks, Sells Stocks With Market at Highs

Despite having more than $144 billion of funds at his disposal, the Berkshire Hathaway Inc. chief executive officer ended up taking a step back with his capital deployment during the second quarter. He repurchased just $6 billion of Berkshire stock, the lowest amount of buybacks since the middle of 2020, and was a net seller of other stocks for the third quarter in a row, according to the conglomerate’s second-quarter earnings released Saturday.

https://finance.yahoo.com/news/buffett-berkshire-slows-share-repurchases-121054505.html