Berkshire Hathaway accelerates share buybacks under Greg Abel
Greg Abel, Berkshire Hathaway's new CEO, oversaw a $9.6 billion share repurchase in the third quarter of 2026, more than double the $4.53 billion bought in the prior quarter. The buybacks bring the year‑to‑date total to $14.4 billion. Berkshire ended September 2026 with $377.4 billion in cash and equivalents, while cash stood at about $380 billion earlier in the year.
Why it matters
The company says the repurchases signal that management believes the shares are undervalued and will increase each remaining holder’s ownership stake, potentially boosting earnings per share. Investors will see a reduced share count and a direct use of Berkshire's large cash pile.
Key facts
- 1Berkshire repurchased $9.6 billion of its own shares in Q3 2026, more than doubling the $4.53 billion bought in Q2 2026. finance.yahoo.com
- 2Year‑to‑date share repurchases in 2026 total $14.4 billion. 247wallst.com
- 3Cash and equivalents at the end of September 2026 were $377.4 billion. finance.yahoo.com
- 4Cash and equivalents at the start of 2026 were about $380 billion. 247wallst.com
- 5Operating earnings for the quarter ended September 2026 were $12.7 billion. finance.yahoo.com
- 6Operating earnings for the second quarter of 2026 rose to $12.98 billion from $11.16 billion a year earlier. 247wallst.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.