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Berkshire Hathaway Begins Stock Buybacks, Tapping $400B Cash Reserve

Berkshire Hathaway Begins Stock Buybacks, Tapping $400B Cash Reserve

Berkshire Hathaway is finally putting its enormous cash pile to work. The company, which holds roughly $400 billion in cash, has begun buying back its own stock. The move signals renewed confidence in the business and could boost shareholder value and its market influence.

A shift from idle cash

For months, Berkshire has been sitting on a mountain of cash. Now it's starting to spend some of it on itself. The