# Berkshire's annual meeting marks two anniversaries.

*business · news · 2026-05-03 · CNBC*

## Key points

- Buffett confirmed Greg Abel as CEO has been fully successful one year after the transition.
- Berkshire's $35 billion Apple investment is now worth approximately $185 billion after ten years.
- Berkshire now holds almost $400 billion in cash, positioning it for large opportunistic investments.
- Berkshire resumed stock buybacks with $234 million in purchases during March after a two-year pause.
- Despite hopes for more, significant share repurchases did not occur after March 4 through mid-April.

**Companies:** Berkshire Hathaway, Apple
**Countries:** United States

[Read the full story on CNBC](https://www.cnbc.com/2026/05/03/berkshire-annual-meeting-greg-abel-rules-out-break-up-stressing-continuity-with-buffett.html)

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