Berkshire Hathaway (BRK.B) raises the value at which it will repurchase shares to 120% of book...

|About: Berkshire Hathaway inc. (BRK.B)|By:, SA News Editor

Berkshire Hathaway (BRK.B) raises the value at which it will repurchase shares to 120% of book value, from 110% previously. Coincident with that news is the purchase of 9.2K shares of Class A stock at $131K each from the estate of a long-term shareholder. 120% of book is approximately the $87-$90 range for the "B" shares, which are +1.6% to $88.68.