Berkshire Hathaway resumed repurchasing its Class A and Class B shares on March 4, 2026. The company disclosed the move in a Form 8-K filing on March 5. Management executes these buybacks when they determine the share price sits below Berkshire's intrinsic value. The current policy imposes no fixed limit on the total repurchase amount.
This capital allocation follows growing investor scrutiny over a cash reserve that has reached approximately $373 billion. The decision comes after Berkshire's stock price declined 5% following its latest earnings report. Fourth-quarter operating profits fell sharply, driven largely by the insurance underwriting segment.
Analysts recently highlighted the stock's underperformance relative to its industry peers over the last six months. Market concerns center on the company's leadership transition and its exposure to catastrophe losses.