Berkshire Hathaway Ends Q1 With Record $397 Billion Cash Pile and Small Stock Buybacks
Berkshire Hathaway ended the first quarter under new CEO Greg Abel with a record $397 billion in cash, up from $373 billion at the end of December. The company spent $234 million on stock buybacks, repurchasing a small number of Class A and Class B shares, marking its first buybacks since May 2024. Despite the new leadership, Berkshire continued its trend of being a net seller of stocks, selling $24 billion in equities while buying $16 billion.
Topics: Berkshire Hathaway cash reserves CEO transition investment strategy stock buybacks