INSUBCONTINENT EXCLUSIVE:
and Delta Air Lines Inc., cut revenue forecasts
The closing price has spent nearly a month below $312,806 -- average price Buffett paid for repurchases in August
Buffett and Vice Chairman Charles Munger to repurchase shares whenever they felt prices fell below intrinsic value
They had previously been limited to buying back stock only when price was less than a 20 percent premium to book value.
