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Berkshire Hathaway begins repurchasing shares, CEO Greg Abel buys $15 million in stock
The 62-year-old executive's purchase came a little more than two months into his tenure running the Omaha, Nebraska-based conglomerate.
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cnbc.com
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Berkshire Hathaway shares drop more than 4% after poor fourth-quarter results, no bold moves by new CEO Abel
Some had hoped for more aggressive signals on capital deployment given the company's swelling cash balance.
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Berkshire Hathaway begins repurchasing shares, CEO Greg Abel buys $15 million in stock
The 62-year-old executive's purchase came a little more than two months into his tenure running the Omaha, Nebraska-based conglomerate.
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New Berkshire Hathaway CEO still talks with Warren Buffett nearly every day
Buffett remains chairman of the sprawling, Omaha-based conglomerate and continues to regularly come into the office, Abel said.
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Greg Abel makes his first big moves as Berkshire Hathaway CEO. Is it time to buy back in?
While the steps were viewed as positive signals, analysts said they are unlikely to materially alter their outlook for the shares.
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Berkshire CEO Greg Abel on working with Buffett, Kraft Heinz and using all his salary to buy the stock
Berkshire Hathaway's new CEO, Greg Abel, generated some significant headlines during a roughly half-hour live interview on CNBC's "Squawk Box."