Berkshire Hathaway Buys Back $9.6 Billion in Shares as Profits Decline Under New CEO
By ABE Magazine Berkshire Hathaway has accelerated its share repurchases under chief executive Greg Abel, spending approximately $9.6 billion buying back its own stock during the third quarter of 2026, even as weaker insurance performance weighed on the conglomerate’s earnings. The Omaha-based investment and industrial giant reported operating earnings of $12.71 billion for the three…