Warren Buffett’s Berkshire Hathaway Inc. gave him more leeway to make stock buybacks last month. Now, after the company said its cash pile has swelled to $111 billion, some investors are wondering when they might reap the benefits.
Berkshire’s second-quarter results released Saturday didn’t detail how many shares it was willing to repurchase, or at what price. But investors do know that the window is open: Last month, the company said it wouldn’t initiate buybacks until second-quarter earnings were made public.
