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CNBC

Abel puts a big chunk of Berkshire's cash to work

Sunday, August 9, 2026


Greg Abel, CEO of Berkshire Hathaway, authorized $4.5 billion in stock buybacks during the second quarter of 2026. The company also deployed additional capital through unspecified investments during the period. Abel has held the CEO position since taking over from Warren Buffett in the previous year.

Original reporting: https://www.cnbc.com/2026/08/09/abel-puts-a-big-chunk-of-berkshires-cash-to-work.html

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