# Berkshire Hathaway speeds up stock buybacks, though profit falls

- URL: https://talkfuse.com/story/berkshire-hathaway-speeds-up-stock-buybacks-though-profit-falls/
- Published: 2026-11-08T21:49:47+00:00
- Updated: 2026-11-08T22:26:33+00:00
- Original publisher: New York Post (publisher lean: Right)
- Original article: https://nypost.com/2026/11/08/business/berkshire-hathaway-speeds-up-stock-buybacks-though-profit-falls/
- Topics: Business, Companies, Markets, World

## Key points

- Berkshire bought back $9.6 billion of shares in the third quarter.
- Operating earnings fell 6% to $12.71 billion.
- The company still held $356.9 billion in cash at September’s end.

## Summary

Berkshire Hathaway stepped up share buybacks under chief executive Greg Abel, even as its third-quarter profits fell. The move suggests Abel is more willing than Warren Buffett to use the company’s large cash reserves, and investors watch Berkshire as an indicator of the wider US economy.

Berkshire repurchased $9.6 billion of shares from July to September and about $2 billion more in October, after spending $4.8 billion earlier in the year. Operating earnings fell 6% to $12.71 billion and net earnings dropped 28% to $22.11 billion, while revenue rose 11% to $105.65 billion; the company ended September with $356.9 billion in cash and equivalents. Berkshire cited weaker insurance results and lower investment gains, and said economic and geopolitical uncertainty was weighing on demand at some retail businesses.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.