> Warren Buffett Blog: Buffett says share repurchases will be done if price drops below value

Wednesday, April 1, 2015

Buffett says share repurchases will be done if price drops below value

If Berkshire shares are selling below intrinsic business value, massive repurchases will almost certainly be the best choice. You can be comfortable that your directors will make the right decision.

No company will be more shareholder-minded than Berkshire. For more than 30 years, we have annually reaffirmed our Shareholder Principles, always leading off with: “Although our form is corporate, our attitude is partnership.” This covenant with you is etched in stone.