Berkshire Hathaway May Have Repurchased Up to $11 Billion in Q2, Signaling Shareholder Confidence
CEO Greg Abel announced that Berkshire Hathaway resumed its share repurchase program in March. While only $235 million was spent on buybacks during the first quarter, a Barron's analysis of SEC filings suggests up to $11 billion may have been used for repurchases between April and July 2026. This would be the largest such transaction in Berkshire’s history, surpassing its previous record of $9 billion in Q4 2020. The buybacks indicate strong confidence from management that shares are undervalued at around 1.4 times book value. The repurchase activity also helps reduce the company's large cash reserves and could signal a strategic shift toward returning capital to shareholders rather than pursuing new investments.
Topics: Berkshire Hathaway Greg Abel share repurchases Warren Buffett