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Warren Buffett's Rule for Stock Buybacks Is Very Specific. Berkshire Spent a Record $9.6 Billion on Them Last Quarter.

Warren Buffett's Rule for Stock Buybacks Is Very Specific. Berkshire Spent a Record $9.6 Billion on Them Last Quarter.
Image: The Motley Fool

The rule boils down to two tests. Would the stock still pass them at today's price?

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