Overview
- Greg Abel, who became CEO in 2026, restarted Berkshire Hathaway share repurchases and disclosed a $226 million purchase of its own stock.
- Abel has ruled out dividends for now and is leaning on buybacks under the company’s 2018 policy to repurchase only when shares trade below a conservatively judged intrinsic value.
- He now oversees nearly $650 billion in assets, with investor Ted Weschler managing about 6% of the portfolio.
- In his first shareholder letter, Abel identified nine core equity holdings that together make up roughly 60% of Berkshire’s about $320 billion stock portfolio.
- Early moves also include closing a previously agreed $9.7 billion purchase of OxyChem and investing $1.8 billion for roughly 2.5% of Japan’s Tokio Marine.