Berkshire Hathaway: Q3 operating profit $12.71B, with $9.6B of shares repurchased in the same period

Nov. 7: According to Cailian Press, Berkshire Hathaway's third-quarter operating profit was $12.71 billion, down 5.8% year over year; third-quarter net income attributable to shareholders was $22.112 billion, compared with $30.796 billion a year earlier; third-quarter net earnings per Class A equivalent common share were $15,502; third-quarter net investment income was $9.407 billion, versus $17.311 billion last year. As of Sept. 30, the company's third-quarter cash holdings stood at $356.9 billion; cash reserves increased from the previous quarter to $377.4 billion, a new record high. The company repurchased $9.6 billion of shares in the third quarter.