BRK-B · 10-Q · 2026Q2 · Full report

Capital Return Program

BERKSHIRE HATHAWAY INC · 2026-08-10 · Importance 58 · Surprise 42 · In source text

Berkshire repurchased $4.8 billion of its Class A and Class B shares during the first six months of 2026, with most repurchases occurring in the second quarter. The program permits repurchases below conservatively determined intrinsic value without a minimum or maximum required amount. Berkshire will not repurchase shares if doing so would reduce cash, cash equivalents and U.S. Treasury Bills below $30 billion.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-0.4%Berkshire acquired $4.8 billion of treasury stock in the first six months of 2026, most of which was in the second quarter.