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Berkshire Hathaway Inc. spent about $4.5 billion to buy back its own shares in the second quarter, providing shareholders with the largest quarterly payout since 2021, as operating earnings surged.
We haven't written up this one. Financial Post has the full story — the link below goes straight to it.
Of the 12 issues that hit the market in July, the retail portion of only five was oversubscribed in double digits, while six issues registered single digit oversubscription
Berkshire Hathaway stepped up spending under CEO Greg Abel, repurchasing about $4.5 billion of its shares while deploying billions more into investments.
The legal challenge does not seek to overturn the tax itself. Instead, it targets the city’s assessment roll and notices sent to property owners who may be liable for the surcharge.
