Berkshire Hathaway accelerates share repurchases, spending $9.6 billion in Q3 and $2 billion in early Q4
Berkshire Hathaway announced it repurchased $9.6 billion of its own stock in the third quarter of 2026 and an additional $2 billion in early October, reflecting a more aggressive buy‑back stance under new CEO Greg Abel. The accelerated repurchases lowered cash and cash equivalents to $352.3 billion at quarter‑end, down from $380.2 billion six months earlier. The company said repurchases are only made when the price is deemed below its intrinsic value and cash holdings remain above $30 billion. Shares continued to climb, with Class A price trading above the average purchase price paid in September.
Why it matters
The buybacks reduced Berkshire's cash balance, which may limit future investment flexibility. Analysts note the repurchases could support the stock price by signaling management’s confidence in intrinsic value.
Key facts
- 1Berkshire repurchased $9.6 billion of its own shares between July and September 2026. manilatimes.net
- 2The company bought about $2 billion of shares in October 2026. manilatimes.net
- 3Cash and cash equivalents at the end of September 2026 were $352.3 billion. finance.yahoo.com
- 4Operating earnings for Q3 2026 were $12.71 billion, down 6 percent year over year. manilatimes.net
- 5Average price paid for Class A shares in September was $758,332.88 per share. finance.yahoo.com
- 6Repurchases are permitted only when the price is below Berkshire’s intrinsic value and cash holdings stay above $30 billion. finance.yahoo.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.