Berkshire's $9.6B Q3 buyback was about 76% of operating earnings and only about 2.5% of its $377B cash
Berkshire Hathaway said on Saturday it bought back $9.6 billion of its own stock in the third quarter under CEO Greg Abel.
Operating earnings were $12.7 billion, so the buyback equals about 76% of what the businesses earned. It is still only about 2.5% of the $377 billion cash pile. The AP thinks the buying probably stopped once the A shares passed $878,000.
https://www.cnbc.com/2026/11/07/berkshire-hathaway-q3-2026-earnings-buybacks.html
Sources: AP: buybacks likely came to a halt recently as Class A stock surged past $878,000 · Reuters: Berkshire Q3 operating profit fell 6% to $12.71B; $9.6B of stock bought back in the quarter · @WhaleFactor: Berkshire spent $9.6B buying back its own shares; Abel buying after Buffett sold on net
Not financial advice. For informational and educational purposes only.