Particle.news
Download on the App Store

Berkshire Hathaway Restarts Buybacks as New CEO Greg Abel Buys $15 Million of Stock

Abel calls the step a value-driven use of Berkshire’s dry powder under its intrinsic-value repurchase rule.

Overview

  • The company disclosed it began repurchasing Class A and Class B shares on March 4, its first buybacks since May 2024.
  • Greg Abel bought 21 Class A shares for about $15 million, equal to his after-tax salary, and said he will make similar purchases annually while CEO.
  • Abel said he consulted Chairman Warren Buffett before resuming buybacks and noted they remain in close, near-daily contact.
  • Berkshire ended 2025 with roughly $373.3 billion in cash and Treasuries, and Abel reiterated cautious deployment with no plans to invest in cryptocurrencies.
  • Abel supported Kraft Heinz’s decision to pause a planned split and said Berkshire has no immediate plans to sell its stake.