Berkshire Hathaway (BRK.A / BRK.B) has begun repurchasing its own shares for the first time since 2024.
The Omaha-based conglomerate disclosed in a regulatory filing with the U.S. Securities and Exchange Commission (SEC) that it began buying back both its Class A and Class B shares on March 4, days after issuing its latest financial results.
Berkshire’s policy allows the company to buyback stock whenever the chief executive officer (CEO) believes that the repurchase price is below the company’s estimate of its intrinsic value.
The last time Berkshire Hathaway bought back its own shares was during the second quarter of 2024.
Berkshire’s stock is down about 10% from a record high set last May just before long-time CEO and legendary investor Warren Buffett announced he was stepping down after 60 years leading the company.
The stock dropped further earlier this week after Berkshire disclosed a near 30% decline in its operating earnings for the fourth quarter of 2025 due largely to weakness in its insurance unit.
Buffett and Berkshire Hathaway have also been criticized for not putting the company’s massive $373.3 billion U.S. cash pile to work through investments, acquisitions, or stock buybacks.
Separately, Berkshire’s new CEO and Buffett’s successor Greg Abel announced he purchased $15 million U.S. worth of company stock, an amount equal to his annual salary.
Abel said in a television interview that he will continue using his salary to purchase Berkshire Hathaway shares each year.
The share purchases increase Abel’s personal stake in Berkshire Hathaway and come as some investors question whether the new CEO has enough personally invested in the company.
Buffett owns 37.5% of Berkshire Hathaway’s Class A stock and has never sold a single share he owns, though he has gifted some stock to charities that he supports.
Buffett has said that his Berkshire Hathaway stock represents 99.5% of his net worth. Before his latest purchase, Abel owned $164.4 million U.S. worth of Berkshire Hathaway stock.
Berkshire Hathaway’s more affordable Class B stock is currently trading at $487.48 U.S. per share, having dipped 2% this year.
