Daily Market Updates: Berkshire Hathaway buybacks total $4.5 billion under Greg Abel

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Berkshire Hathaway buybacks total $4.5 billion under Greg Abel

The spending includes $4.5 billion returned to shareholders through buybacks during Abel's second quarter as CEO, as reported by CNBC Markets.

Reported · Written up by our desk · Results

Berkshire Hathaway stepped up shareholder returns during Greg Abel's second quarter as CEO, with the company putting $4.5 billion toward buybacks, according to CNBC Markets.

CNBC World similarly reported that Abel's early spending as CEO included a significant repurchase effort, highlighting the role of Berkshire's cash deployment in the quarter.

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Sources

CNBC MarketsAbel puts a big chunk of Berkshire's cash to work

CNBC WorldAbel puts a big chunk of Berkshire's cash to work

Earnings

Berkshire Hathaway buybacks total $4.5 billion under Greg Abel

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Sources

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