Feb 25 (Reuters) - Warren Buffett's Berkshire Hathaway
Inc on Saturday said fourth-quarter profit fell,
reflecting lower gains from investments and foreign currency
exchange losses as the U.S. dollar lost value.
Berkshire also repurchased $2.6 billion of its own stock in
the quarter, boosting full-year buybacks to $7.9 billion.
Quarterly net income fell 54% to $18.16 billion, or $12,412
per Class A share, from $39.65 billion, or $26,690 per share, a
year earlier.
Operating profit fell 8% to $6.71 billion, or $4,596 per
Class A share, from $7.29 billion.
(Reporting by Jonathan Stempel in New York
Editing by Mark Potter)
Messaging: jon.stempel.thomsonreuters.com@reuters.net))
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