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Berkshire Hathaway has been sitting on a staggering $400 billion cash pile for 22 months.
Berkshire Hathaway has held a $400 billion cash reserve for 22 consecutive months.
KEY POINTS
- Greg Abel, Berkshire's new CEO, has restarted share buybacks for the first time since May 2024.
- Berkshire now allows Abel to initiate repurchases after consulting Buffett, reflecting a policy change.
- Abel personally committed to buying $15.3 million in Berkshire shares annually to align with shareholders.
- Berkshire disclosed its recent buyback activity publicly for the first time, citing transparency.
COMPANIES
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