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Berkshire Hathaway ramps buybacks under Greg Abel, spending about $4.5B in Q2
Berkshire did not repurchase stock in 2025, then returned about $23.5 billion net by buying more equities than it sold, while its cash pile fell to $365.5 billion by June 30.
Berkshire Hathaway significantly increased its share repurchases in the second quarter of 2026 under CEO Greg Abel, spending about $4.5 billion, compared with $235 million in the first quarter, according to a Yahoo Finance analysis of the company’s filings.
The Q2 10-Q describes the buyback program as allowing repurchases any time the chief executive, after consulting with the board chairman, believes the repurchase price is below Berkshire’s conservatively determined intrinsic value, the outlet said. Yahoo Finance notes that after Warren Buffett stepped down as chief executive on Jan. 1 and remains chairman, the decision now sits with the CEO, with the chairman in a consultation role.
Berkshire bought no shares in April, then purchased Class B stock at average prices of $476.01 in May and $487.98 in June, alongside 478 Class A shares, the report added. Over the quarter, Berkshire’s buybacks contributed to the company buying roughly $23.5 billion of equities versus about $3.7 billion of sales, leaving about $20 billion in net buying and ending a streak of 14 consecutive quarters as a net seller.
The same filing period showed Berkshire’s cash pile shrinking to $365.5 billion on June 30 from $397.4 billion three months earlier, as the company’s repurchases and net equity buying reduced available liquidity, Yahoo Finance reported.