Greg Abel Purchases Nearly $4.8 Billion Worth of Berkshire Hathaway Stock
Berkshire Hathaway's new CEO Greg Abel has continued Warren Buffett’s strategy by investing heavily in the company's stock, spending nearly $4.8 billion this year and likely billions more recently. Since July 2018, when buyback restrictions were lifted, both Buffett and Abel have spent approximately $82 billion on Berkshire Hathaway shares whenever they deemed them undervalued relative to book value. In the first half of 2026 alone, Abel repurchased over $4.75 billion in stock during Q1 and Q2 combined. This activity aligns with Buffett's long-term investment philosophy focused on intrinsic value. Berkshire Hathaway has also expanded its portfolio into tech stocks like Alphabet (Google), which is now the company’s third-largest holding. The timing of these purchases correlates closely to Berkshire's price-to-book ratio, a key metric for determining stock valuation under their buyback policy. With shares trading at a premium between 40% and 50%, Abel likely continued aggressive repurchases in Q3.
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Topics: Berkshire Hathaway investment strategy leadership transition stock purchases
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