Berkshire Hathaway posted a net $19.8 billion stock purchase in the second quarter, bringing an end to Warren Buffett's three-year divestment streak. CEO Greg Abel allocated $21 billion to publicly traded companies, including $10 billion in Alphabet, and the firm also bought back $4.5 billion of its own shares, per Coinbureau.
Berkshire Hathaway's net stock purchases reached $19.8 billion in Q2, ending Warren Buffett's three-year run of selling. CEO Greg Abel put $21 billion into listed companies, with $10 billion going to Alphabet. The conglomerate also spent $4.5 billion repurchasing its own shares, according to Coinbureau.
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