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Berkshire Hathaway spends down cash pile under CEO Greg Abel

Partially corroborated51

Berkshire Hathaway Inc. spent about $4.5 billion to buy back its own shares in the second quarter and purchased nearly $20 billion of equities in the period, signs that Chief Executive Officer Greg Abel is putting more of the firm’s cash pile to work.Berkshire started buying back its own shares i...

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