International Business Machines Corp. (IBM) & Warren Buffett: Wait, What?

Page 2 of 2

Foolish final thoughts
As though right on queue, International Business Machines Corp. (NYSE:IBM) reaffirmed Buffett’s thinking last week by announcing it will hike its buyback program by another $5 billion, bringing the total funds currently available for share repurchases to $11.2 billion. In addition, IBM also increased its quarterly dividend for the 18th consecutive year, this time by 12% to $0.95 per share.

Fortunately for Berkshire Hathaway Inc. (NYSE:BRK.B) shareholders, nothing seems to be able to change Buffett’s status as arguably the most talented investor our world has ever seen.

In the end, and as per usual, it looks like Buffett still has everything under control.

The article IBM Just Made Buffett’s Year originally appeared on Fool.com.

Fool contributor Steve Symington has no position in any stocks mentioned. The Motley Fool recommends Berkshire Hathaway. The Motley Fool owns shares of Berkshire Hathaway and International Business Machines (NYSE:IBM).

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Page 2 of 2