Berkshire Hathaway Resumes Buybacks Greg Abel Invests

Berkshire Hathaway Resumes Share Buybacks; CEO Greg Abel Increases Holdings

• Berkshire Hathaway has resumed repurchasing its Class A and Class B shares as of March 4, under its policy to buy back stock when trading below intrinsic value.
• The company holds approximately $373.3 billion in cash and short-term investments, a record level from Warren Buffett’s tenure, now overseen by CEO Greg Abel.
• CEO Greg Abel personally purchased about $15 million worth of Berkshire Class A shares through his family trust, at around $730,000 each.
• The buyback announcement aligns with Berkshire’s leadership transition following Warren Buffett’s departure from the CEO role.

Berkshire Hathaway has recommenced share buybacks after a hiatus since the second quarter of 2024. The decision reflects management’s view that current market prices are below the company’s intrinsic value. CEO Greg Abel further demonstrated confidence by acquiring additional shares worth $15 million.