Berkshire just more than doubled its buybacks in Q3 — $9.6B worth of its own stock. That's $14.4B total for 2026 so far.
Context matters here: they went nearly 22 months without touching buybacks. Now they're back in, and aggressively.
Even bigger shift — Berkshire is a net buyer of stocks again. +$11.2B in net purchases YTD vs. -$10.6B in net sales same time last year.
Buffett sitting on cash for years, now deploying it. When Berkshire moves like this after a long pause, it's worth paying attention to what they're seeing in valuations.
Context matters here: they went nearly 22 months without touching buybacks. Now they're back in, and aggressively.
Even bigger shift — Berkshire is a net buyer of stocks again. +$11.2B in net purchases YTD vs. -$10.6B in net sales same time last year.
Buffett sitting on cash for years, now deploying it. When Berkshire moves like this after a long pause, it's worth paying attention to what they're seeing in valuations.