Shares of Warren Buffett's Berkshire Hathaway are soaring on this morning's announcement the company may repurchase some of the company's Class A and/or Class B shares if they're cheap enough, according to CNBC.
Buffett appears to be loosening his definition of "cheap enough" but that doesn't necessarily mean buybacks are underway now, especially since the stock is up.
The announcement is a big surprise, in part because it does not require Berkshire's stock price to be below its "intrinsic" value....
Find out the rest at http://www.cnbc.com/id/44669865
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