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Berkshire Hathaway Steps Up Share Buybacks with $9.6 Billion Purchases
Confirmed
In Short: Berkshire Hathaway has resumed share buybacks, purchasing $9.6 billion worth of its own stock.
Berkshire Hathaway has resumed its share buyback program, purchasing $9.6 billion worth of its own stock, according to a statement from the company.
Under Buffett's successor, Greg Abel, Berkshire Hathaway is now focusing on buying back shares when management believes the stock is trading below its intrinsic value.
Abel, who took over as CEO, has been attempting to ease investor concerns by using the company’s substantial cash reserves to buy back more Berkshire shares.
Berkshire Hathaway’s portfolio remains heavily concentrated, with almost 70% of its $381 billion portfolio invested in just six stocks.
The company’s A share class has gained nearly 15% since the buybacks resumed, outperforming the nearly 4% decline for the S&P 500 over the same period.
Berkshire Hathaway’s biggest year for buybacks was 2021, when it repurchased $27 billion of stock.
Howard Buffett, Warren's son, has been a Berkshire director for 33 years and will now take on more responsibilities.
Since 1965, shares of Berkshire Hathaway have delivered a compounded annual return of 19.9%, almost double that of the S&P 500 over the same period.
What's confirmed
- Berkshire Hathaway has resumed its share buyback program, purchasing $9.6 billion worth of its own stock, according to a statement from the company.
- Under Buffett's successor, Greg Abel, Berkshire Hathaway is now focusing on buying back shares when management believes the stock is trading below its intrinsic value.
- Abel, who took over as CEO, has been attempting to ease investor concerns by using the company’s substantial cash reserves to buy back more Berkshire shares.
- Berkshire Hathaway’s portfolio remains heavily concentrated, with almost 70% of its $381 billion portfolio invested in just six stocks.
- The company’s A share class has gained nearly 15% since the buybacks resumed, outperforming the nearly 4% decline for the S&P 500 over the same period.
- Berkshire Hathaway’s biggest year for buybacks was 2021, when it repurchased $27 billion of stock.
- Howard Buffett, Warren's son, has been a Berkshire director for 33 years and will now take on more responsibilities.
- Since 1965, shares of Berkshire Hathaway have delivered a compounded annual return of 19.9%, almost double that of the S&P 500 over the same period.
What's still developing
- While Berkshire Hathaway has erased much of its 2026 underperformance against the S&P 500, it still boils down to a few compounding and frustrating headwinds: a $397 billion cash pile earning T-bill yields while the market rallied hard, a deliberate retreat from equities at exactly the wrong time, and a leadership transition that shook investor confidence.
- He first took control of Berkshire Hathaway in 1965 when it was a financially struggling textile mill based in New England, US.
- According to his dad Warren’s retirement letter, that’s longer than the “apprenticeship” he himself served before becoming Berkshire’s CEO at 34.
- The company aggressively increased share repurchases to $4.5 billion and transitioned to a net buyer of equities for the first time in 14 quarters, with Alphabet joining its core holdings.
- REUTERS/Jeenah Moon A screen displays the Berkshire Hathaway Inc.