Phillips 66 repurchases $3.3B in stock from Buffett's firm
Feb 14, 2018 - Charleston Daily Mail

By Associated Press Published: 16:33 EST, 14 February 2018 | Updated: 16:33 EST, 14 February 2018 OMAHA, Neb. (AP) - Warren Buffett's company is selling 35 million shares of its Phillips 66 stock back to the oil refiner for $3.3 billion. Berkshire Hathaway and Phillips 66 said this repurchase will let Buffett's company to reduce its investment below the 10 percent level …

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