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.

from Reuters: Business News http://ift.tt/2GNsfeX