Berkshire Hathaway resumes buybacks and CEO supports Kraft’s decision to pause its split

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By JOSH FUNK

OMAHA, Neb. (AP) — Berkshire Hathaway is buying back shares for the first time in nearly two years, and new CEO Greg Abel said he has no immediate plans to sell off Kraft Heinz shares now that the packaged food giant has shelved its plan to split the company into two.

FILE - Berkshire Hathaway Vice Chairman Greg Abel is seen at the CenturyLink Center, May 5, 2018, in Omaha, Neb. (AP Photo/Nati Harnik, File) Read Entire Article