The board of directors at Berkshire Hathaway (NYSE:BRK-A) recently approved a share buyback of 9,200 of its Class A shares at a premium of 1.2 times the share price, even higher than the 1.1 times share price Warren Buffett had previously mentioned. While the market often views share buybacks positively, they're often executed notoriously poorly, losing investors money in the process. In this video, Motley Fool analysts Morgan Housel and Matt Koppenheffer discuss what they think of the buyback, and whether Berkshire is still a buy.
Fool contributor Matt Koppenheffer owns shares of Bank of America and Berkshire Hathaway. Fool contributor Morgan Housel has no positions in the stocks mentioned above. The Motley Fool owns shares of Bank of America, Berkshire Hathaway, and Wells Fargo. Motley Fool newsletter services recommend Berkshire Hathaway and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.