Berkshire Hathaway Resumes Share Buybacks Under New CEO Abel

Berkshire deploys $400 billion cash pile as Abel takes over from Buffett

Published on Mar. 6, 2026

Got story updates? Submit your updates here. ›

Berkshire Hathaway has resumed repurchasing its own shares for the first time in nearly two years, signaling a key move by new CEO Greg Abel. This action, coupled with Abel's personal investment of $15.3 million in Berkshire stock, demonstrates a commitment to enhancing shareholder value and deploying the company's substantial cash reserves – currently nearing $400 billion.

Why it matters

The resumption of buybacks is a significant step as Abel takes the reins from Warren Buffett. Whereas Buffett historically had discretion over buybacks, the new policy requires Abel to consult with him before initiating repurchases. The transparency surrounding this move, particularly during the leadership transition, is noteworthy as investors watch to see if Abel can sustain the 'Berkshire Premium'.

The details

Berkshire disclosed the buybacks began on Wednesday, marking the first authorized by Abel. Abel has publicly stated his intention to continue purchasing Berkshire shares annually, aligning his personal financial interests with those of shareholders. He committed to buying $15.3 million worth of stock each year, representing the majority of his after-tax earnings. The decision to repurchase shares suggests Berkshire believes its stock is currently undervalued.

  • Berkshire last reported buybacks in May 2024.
  • The buybacks began on Wednesday, March 6, 2026.

The players

Greg Abel

The current CEO of Berkshire Hathaway, having taken over from Warren Buffett in January 2026.

Warren Buffett

The former CEO of Berkshire Hathaway, who historically had discretion over buybacks.

Berkshire Hathaway

An American conglomerate holding company that owns a diverse range of subsidiaries in the insurance, energy, manufacturing, service, and retail sectors.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

What’s next

The market is closely watching Abel's leadership to determine whether the 'Berkshire Premium' – the extra value investors place on the stock due to Buffett's investment acumen – can be sustained.

The takeaway

Berkshire Hathaway's resumption of share buybacks under new CEO Greg Abel signals a commitment to enhancing shareholder value and deploying the company's substantial cash reserves, as the market closely watches Abel's leadership transition from Warren Buffett.