Greg Abel Reinitiates Berkshire Hathaway Share Repurchases
HN
Harper North
Warren Buffett · Apr 11, 2026
Source: The Digital Ledger Data Terminal
Berkshire Hathaway shares may be repurchased throughout the year. Greg Abel, who became CEO at the start of 2026, purchased $226 million worth of the company's own stock on March 4. This activity is under a board authorization changed in mid-2018, which permits the CEO to buy back shares if they trade below their intrinsic value.
Warren Buffett stopped repurchasing shares in mid-2024 because the stock's price-to-book ratio climbed above 1.5 in early 2024 and reached 1.75 times book value. Greg Abel has reinitiated the program as the price-to-book ratio now sits closer to 1.4.
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