{"id":82302,"title":"Berkshire operating profit rises, buys back more stock","publisher":"Share Talk","author":"sharetalk","published":"2021-05-01T12:11:15+00:00","modified":"2021-05-01T12:11:15+00:00","canonical_url":"https://www.share-talk.com/berkshire-operating-profit-rises-buys-back-more-stock/","markdown_url":"https://www.share-talk.com/berkshire-operating-profit-rises-buys-back-more-stock.md","json_url":"https://www.share-talk.com/berkshire-operating-profit-rises-buys-back-more-stock.json","category":"Blogs","categories":["Blogs","Financial"],"tags":["Berkshire Hathaway","Class A share","repurchases","Stock","Warren Buffett"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"Warren Buffett’s **Berkshire Hathaway Inc[(BRKa.N)](https://www.reuters.com/companies/BRKa.N) **on Saturday said first-quarter operating profit rose 20%, and that it extended its recent aggressive stock repurchases by buying back $6.6 billion of its own stock.\n\nOperating profit increased to $7.02 billion, from $5.87 billion a year earlier.\n\nBerkshire also reported net income of $11.71 billion, or $7,638 per Class A share, compared with a net loss of $49.75 billion, or $30,653 per share, a year earlier.\n\nOur Standards: [The Thomson Reuters Trust Principles.](https://www.thomsonreuters.com/en/about-us/trust-principles.html)\n\nSource [https://www.reuters.com/business/berkshire-operating-profit-rises-buys-back-more-stock-2021-05-01/](https://www.reuters.com/business/berkshire-operating-profit-rises-buys-back-more-stock-2021-05-01/)"}