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Company News

REFILE-BUZZ-Home Capital Group: Slumps after Buffett's stake to dip to less than 10 pct

(Corrects to Buffett from Buffet in headline)

** Canadian mortgage lender’s shares slump 18.1 pct to C$13.50

** Co says Warren Buffett’s Berkshire Hathaway Inc will have less than 10 pct stake in HCG after completion of a share buyback

** Berkshire bought 20 pct stake in co last year and extended C$2 bln credit

** More than 864,500 HCG shares traded, twice their 30-day moving avg

** Including Wednesday’s losses, HCG has fallen 22 pct YTD (Reporting by Debroop Roy in Bengaluru)

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