Berkshire used $6.9 billion to buy back shares in the fourth quarter, bringing the total in share repurchases to a record $27 billion for 2021.
Berkshire Hathaway
For the year, Berkshire's operating earnings totaled $27.455 billion. That's up 25.2% from 2020's $21.992 billion. "Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns," Buffett wrote in the letter. "When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth."
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