Berkshire Hathaway May Have Repurchased Up to $11 Billion in Q2
Greg Abel has increased Berkshire Hathaway's share repurchase activity significantly during the second quarter of 2026. While only $235 million was spent on buybacks in March, a Barron’s analysis suggests that between April and July, around 11,000 Class A shares were repurchased, potentially amounting to as much as $11 billion. This would be the largest share repurchase in Berkshire's history, surpassing its previous record of $9 billion set in Q4 2020. Such aggressive buybacks indicate that management believes the stock is undervalued and serves as a strong signal for shareholders. The company only authorizes repurchases when it deems them to be below intrinsic value, which adds credibility to this move. With Berkshire's share price averaging around $721,000 during Q2 and trading at just 1.4 times book value today, the valuation appears attractive. The stock has underperformed in H1 2026 despite a rising marketable equity portfolio nearing $360 billion. Investors are advised to wait for Berkshire’s official Q2 earnings report for precise figures but may consider adding shares if they believe management's confidence is justified.
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Topics: Berkshire Hathaway Greg Abel Share Repurchase Program Warren Buffett