Phillips 66 to repurchase 35M shares from Berkshire Hathaway - Seeking Alpha

Phillips 66 to repurchase 35M shares from Berkshire Hathaway
Seeking Alpha
BRK's Warren Buffett says the sale was solely motivated by the "desire to eliminate regulatory requirements" associated with ownership levels above 10%, and “we remain one of [PSX's] largest shareholders and plan to continue to hold stock for the long ...