BRK-B · News · 20260901N

Capital Return Program

BERKSHIRE HATHAWAY INC · 2026-09-01 · Importance 44 · Surprise 24 · In source text

Berkshire Hathaway repurchased $4.5 billion of its own stock in the second quarter. The buyback indicates that management considered Berkshire shares undervalued during that period, because repurchases require leadership agreement that the stock is cheap. The disclosed $4.5 billion amount exceeds the company’s $2.103 billion materiality threshold. The transaction also provides an early indicator of Greg Abel’s capital-allocation priorities following the CEO transition.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-0.4%Berkshire bought back $4.5 billion in stock in the second quarter.