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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Berkshire Resumes Share Buybacks Under Abel After Buffett Paused Repurchases in 2024 on Overvaluation Concerns

Berkshire Warren Buffett Greg Abel Berkshire Hathaway United States Russ Mould
Greg Abel became the CEO of Berkshire Hathaway this year after Warren Buffett stepped down. (Credit: YouTube)

Berkshire Hathaway disclosed in a recent filing with the US Securities and Exchange Commission that it began repurchasing shares this week.

The company said, 'In the interest of transparency with our leadership transition, we are disclosing that we commenced repurchasing shares of our common stock.' Generally, Berkshire Hathaway shares details about share buybacks in its quarterly filings, but now, under Greg Abel's leadership, the company is taking a new direction grounded in Warren Buffett's investment playbook.

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