New Berkshire CEO Greg Abel Invests $15 Million As Company Restarts Buybacks

Berkshire Hathaway has resumed repurchasing its own shares for the first time since 2024, signaling confidence in the company’s long-term value despite recent stock pressure. The Omaha-based conglomerate said in a regulatory filing that it began buying back both Class A and Class B shares on Wednesday.

Berkshire’s policy allows buybacks when leadership believes the stock is trading below its intrinsic value, according to the company’s latest annual report.

Berkshire begins repurchasing shares, CEO Greg Abel buys $15 million in stock @CNBC https://t.co/iDCmRpS0Bp

— Fairway Wealth Management (@Fairway_Wealth) March 5, 2026

In a separate filing, CEO Greg Abel disclosed that he personally purchased $15 million worth of Berkshire stock. The move comes just over two months after Abel took over leadership of the company.

Berkshire’s shares have fallen about 10 percent from their May record high. The decline followed a report showing operating earnings dropped nearly 30 percent in the fourth quarter, largely due to weakness in the firm’s insurance operations.

Abel has pledged to maintain Warren Buffett’s disciplined investment approach as he leads the company forward.

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