Warren Buffett was a web vendor of shares for 13 consecutive quarters earlier than stepping down as CEO of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) on the finish of 2025. Don’t suppose for a second that the legendary investor has retired, although. New Berkshire CEO Greg Abel lately disclosed that Buffett nonetheless comes into the workplace “five days a week.”
Abel did not focus on the small print of what Buffett is as much as lately. However, we will know one factor for sure: There’s one inventory Buffett is clearly shopping for proper now. And it is none apart from Berkshire Hathaway itself.
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Berkshire Hathaway submitted a regulatory submitting to the U.S. Securities and Exchange Commission (SEC) on March 4, 2026, disclosing that it started repurchasing shares. Abel confirmed the inventory buybacks in an interview with CNBC the identical day.
Buffett was 100% on board with the choice to renew share repurchases after an extended hiatus. Abel advised CNBC that he “consulted with Warren relative to the value and the timing” of the buybacks. Berkshire’s inventory repurchase program, adopted by the corporate’s board of administrators final 12 months, stipulates that the CEO should seek the advice of with the Chairman of the Board (Buffett).
The indisputable fact that Buffett favors shopping for Berkshire inventory once more raises an apparent query: Why? Fortunately, the reply to that query is straightforward. Berkshire will solely repurchase its shares when Abel and Buffett each consider that the share worth is under the inventory’s intrinsic worth from a conservative viewpoint.
At first look, the inventory buyback is perhaps stunning. Berkshire’s share worth is definitely larger now than it was throughout a lot of the interval when Buffett did not repurchase shares. What has modified together with Berkshire’s share worth, although, are exterior dynamics. With oil costs hovering, the economic system weakening, and inflation doubtlessly resurging, Abel and Buffett clearly see Berkshire Hathaway as the most effective shopping for alternative round.
This inventory buyback is Abel’s first huge transfer as Berkshire’s new CEO. As we have mentioned, although, the choice was blessed by Buffett earlier than even the primary share was repurchased.
Buffett left Abel with loads of money to make use of. Berkshire’s money, money equivalents, and short-term investments totaled $373 billion on the finish of 2025, with a lot of it in U.S. Treasuries. This quantity exceeds the market cap of 477 of the businesses within the S&P 500 (SNPINDEX: ^GSPC).
