Berkshire Hathaway buys back $9.6 billion of its own stock but its profits declined — Live Feedhttps://www.live-feeds.com/feed/berkshire-hathaway-buys-back-9-6-billion-of-its-own-stock-but-its-profits-declinedContinuously updated, source-cited coverage. Berkshire Hathaway Buybacks Hit Record As Profits Fallhttps://www.live-feeds.com/feed/berkshire-hathaway-buys-back-9-6-billion-of-its-own-stock-but-its-profits-declinedhttps://www.live-feeds.com/feed/berkshire-hathaway-buys-back-9-6-billion-of-its-own-stock-but-its-profits-declined#u199026Fri, 13 Nov 2026 16:20:46 +0000Berkshire Hathaway accelerated its share repurchases to a record $9.6 billion during the third quarter, even as its overall profit fell by more than 28 percent. The drop in earnings stemmed from shifting investment values and declining performance at its Geico insurance unit, which increased its advertising spending while seeing deteriorating numbers. The massive buyback pace likely slowed recently as the company class A stock price surged past $878,000.Why it mattersThe financial results shed light on the performance of a massive corporate conglomerate amid changing market conditions. The com