Buffett: We have not conducted any stock buybacks so far this year.

Golden Finance reports that Buffett stated at the Berkshire Hathaway shareholders meeting that so far this year, we have not repurchased any stocks, and our company's buyback mechanism is relatively conservative. The company's repurchase of its own shares will incur high taxes, "this indeed slightly diminishes the attractiveness of buybacks," Buffett said, adding that the company will repurchase stocks if it believes its shares are almost certainly undervalued.

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