Article ID: 31cf402b319470831677755a994bf69417f5d9a79ae93d521a104068fa177331
Source ID: secondary:businessinsurance.com
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URL: https://www.businessinsurance.com/berkshire-hathaway-resumes-stock-buybacks/
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Berkshire Hathaway resumes stock buybacks - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Berkshire Hathaway resumes stock buybacks REUTERS. Greg Abel, Berkshire Hathaway P/C Insurers , Reinsurance Berkshire Hathaway Mar 5, 2026 (Reuters) – Berkshire Hathaway said on Thursday it has begun repurchasing its own shares after a nearly two-year hiatus, as Greg Abel begins putting his stamp on the conglomerate after succeeding Warren Buffett as chief executive in January. The repurchases began on Wednesday and are Berkshire’s first since May 2024. They may also help Berkshire reduce its $373.3 billion year-end cash stake, which has grown because Berkshire has struggled to find companies and stocks to buy. Mr. Abel also disclosed he bought 21 Class A shares of Berkshire on Wednesday for about $15 million, representing the after-tax value of his salary, and planned similar purchases in the future. He now owns 249 Class A shares, worth about $182 million as of Wednesday. Speaking on CNBC, Mr. Abel said the stock repurchases help Berkshire create value for shareholders over the long term. Berkshire normally discloses repurchases on a quarterly basis, and Mr. Abel said the disclosure that they had resumed is a one-time event. Mr. Abel also said the goal of his own stock purchases was to demonstrate alignment with shareholders over the long term. Berkshire’s Class B shares, which trade at about 1/1500th of Class A shares, were up 1.2% in premarket trading. Through Wednesday, Berkshire shares had lagged the Standard & Poor’s 500 by more than 30 percentage points in the 10 months since Mr. Buffett unexpectedly announced he was stepping down as chief executive. He remains Berkshire’s chairman. Related News More tankers come under attack as US-Iran conflict spreads March 5, 2026 Beazley’s profit slips March 5, 2026 Dubai properties hit by Iran strikes face coverage uncertainty March 5, 2026 France flood damage estimated at $3.5B March 5, 2026 Trump orders insurance for ships in Gulf March 5, 2026 Scor posts $990M profit as premiums fall March 5, 2026 QBE starts Bermuda primary property, casualty business March 5, 2026 Reinsurers’ capital enough to withstand Middle East conflict: S&P March 5, 2026 Berkshire Hathaway Specialty taps new regional head March 5, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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