UPDATE 1-Phillips 66 to buy back 35 mln shares from Berkshire Hathaway
February 13, 2018 at 19:59 PM EST
Feb 13 (Reuters) - Phillips 66 said it will buy back shares worth $3.28 billion from a Berkshire Hathaway subsidiary, in a transaction that could ease regulatory pressure for Berkshire, the conglomerate run by Warren Buffett.