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No such thing as ‘too much:’ Warren Buffett quotes Mae West in defense of stock buybacks – Yahoo Finance

There are many critics of corporate stock buybacks, but Warren Buffett is certainly not one of them.

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There are many critics of corporate stock buybacks, but Warren Buffett is certainly not one of them.
In his latest annual letter to shareholders, the Oracle of Omaha revealed that his holding company, Berkshire Hathaway (BRK-A, BRK-B), had spent nearly $25 billion repurchasing class A shares. Buffett said the action demonstrated our enthusiasm for Berkshires spread of vast holdings, which include major companies like Apple (AAPL), Bank of America (BAC), Coca-Cola (KO) and Merck (MRK).
Berkshire…

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