Berkshire more inclined to repurchase stock than pay dividends: Buffett

NEW YORK (Reuters) - Warren Buffett, chairman and CEO of Berkshire Hathaway Inc , said Berkshire, sitting on $116 billion of cash, is "more inclined" to repurchase stock than pay dividends as a means to use excess cash.

Berkshire more inclined to repurchase stock than pay dividends: Buffett
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