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Warren Buffett: 'We would love to see Apple go down in price,' endorses its stock buyback - TL;DR CNBC

Warren Buffett: 'We would love to see Apple go down in price,' endorses its stock buyback

Publishing timestamp: 2018-05-05 19:39:10


Summary

Warren Buffett supports Apple's new $100 billion stock buyback program, stating that he would love to see Apple's stock price go down so they can repurchase shares at cheaper prices. Berkshire Hathaway bought 75 million shares of Apple during the first quarter, making them one of Apple's largest shareholders.


Sentiment: POSITIVE

Tickers: BRK.AAAPL

Keywords: business newsberkshire hathaway incapple incwarren buffett

Source: https://www.cnbc.com/2018/05/05/warren-buffett-would-love-to-see-apple-price-drop.html


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