Buffett buys back record $5.1 billion in Berkshire stock
Buffett buys back record $5.1 billion in Berkshire stock as coronavirus hits operating earnings
Berkshire said it repurchased $5.1 billion worth in stock in May and June.
The share repurchase is the most ever in a single period for Buffett, nearly double the $2.2 billion the conglomerate bought back in the final quarter of 2019
Those buybacks come during a tough period for some of Berkshire's wholly owned businesses as the pandemic thwarted economic activity in the U.S. and across the globe.