Greg Abel's $234 Million Buy Brings Berkshire Hathaway's Total Investment in Warren Buffett's No. 1 Stock to $78 Billion in 8 Years

Berkshire Hathaway’s new CEO Greg Abel authorized $234 million of share repurchases in March (33 Class A and 431,462 Class B shares), marking the firm’s first buybacks since May 2024 and bringing total repurchases to roughly $78 billion since mid‑July 2018. The move was triggered after Berkshire’s price‑to‑book ratio fell to about 1.4 (a 40% premium to book), and comes alongside a record cash and Treasury balance of roughly $397 billion in Q1. The restart of buybacks signals continuity with Buffett’s capital‑allocation approach, should support EPS over time by reducing share count, and may be read as a bullish corporate‑action catalyst for Berkshire’s stock given management’s willingness to repurchase at perceived discounts.