Berkshire Hathaway is Buying Back Stock

Berkshire Hathaway resumed share repurchases on March 4, marking the first buybacks since Q2 2024 and ending a roughly 19-month pause. New CEO Greg Abel also purchased $15 million of BRK.A stock personally and pledged to spend his entire after-tax salary buying shares every year he serves as CEO. The dual signal — corporate buybacks plus insider purchasing — is being widely interpreted as management's confidence that the stock is undervalued at current levels.

The resumption comes with Berkshire sitting on approximately $347.7 billion in cash and short-term Treasuries, giving the company enormous firepower for repurchases. BRK.A trades at roughly 1.47x book value, above the 1.3–1.4x range where the heaviest buybacks historically occurred during 2020–2022, when Berkshire repurchased roughly $60 billion total. Abel told CNBC he consulted with Warren Buffett — who retired as CEO on December 31, 2025 but remains chairman — before resuming buybacks, noting he evaluated intrinsic value and timing.

Analysts are split on the signal: bulls view the resumption as a classic Buffett-style value indicator, while some caution that shares are not deeply cheap relative to book value. Still, the combination of corporate repurchases and Abel's personal all-in commitment has been called a potential game changer for sentiment around Berkshire under its new leadership. With a market cap of approximately $1.076 trillion and shares trading about 8% below their 52-week high, the buyback program could provide meaningful support for the stock price going forward.