“ Berkshire Hathaway has significantly reduced its stock buybacks since the record pace of 2021, with total repurchases between 2022 and early 2024 amounting to less than $20 billion, following a shift to net selling and a halt in buybacks after May 2024. The company repurchased $8 billion in 2022, and with limited activity in 2023 and early 2024, total buybacks have been minimal.
Key Buyback Details (2022–2025):
2022: Berkshire repurchased approximately $8 billion of its own stock.
2023: Buybacks continued at a lower pace, with reported quarterly amounts including $2.38B (Q1), $799M (Q2), $1.04B (Q3), and $925M (Q4).
2024-2025: Buybacks slowed further in early 2024 ($2.6B in Q1, $300M in Q2) and ceased entirely after May 2024, with no shares repurchased during the first nine months of 2025.
Total Activity: From 2018 through mid-2024, total buybacks reached roughly $78 billion, but the pace dropped significantly after 2021.
Context: Warren Buffett halted buybacks as the stock price increased, contributing to a record cash pile of $381.6 billion by late 2025. “ That wasn’t hard. Is Brk to large or is stock market timing hard? Thank you for your attention to the facts. Happy Valentine’s Day.