Value Investing News

Beware the stock buyback story. While Berkshire Hathaway (BRK.A) (BRK.B) investors and the media were mostly pleasantly surprised by the company’s (i.e. Buffett’s) announcement yesterday saying it may buy back its stock under certain conditions, the situation is quite different at General Electric (GE). The most recent buybacks at GE have cost approximately $30/share, which [...]

• http://steventowns.com/2011/09/27/the-high-price-of-ges-stock-repurchases/ (151)