Berkshire Hathaway Increases Share Buybacks to $9.6 Billion in Q3
Berkshire Hathaway significantly ramped up its share repurchase program during the third quarter of 2026, spending $9.6 billion. This represents more than double the $4.5 billion spent during the second quarter. The aggressive buying activity suggests that CEO Greg Abel and management believe the company's stock is trading below its conservatively determined intrinsic value. Under Berkshire's unique capital allocation policy, buybacks are only authorized when leadership deems the price attractive relative to the firm's long-term cash-generating potential. While Class A shares are currently trading nearly 14% above the average purchase price seen in September, the massive scale of these repurchases serves as a critical valuation benchmark for investors monitoring the company's perceived intrinsic worth.
Topics: Berkshire Hathaway SEC filings share repurchases stock buybacks
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Part of the story Berkshire Hathaway Increases Stock Buybacks Amid Earnings Decline (5 articles)