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Warren Buffett's Successor, Greg Abel, Just Bought $4.5 Billion of the Oracle of Omaha's Favorite Stock (No, Not Alphabet!)

The Motley Fool·
Warren Buffett's Successor, Greg Abel, Just Bought $4.5 Billion of the Oracle of Omaha's Favorite Stock (No, Not Alphabet!)

Greg Abel, CEO of Berkshire Hathaway, ended the company's 14-quarter selling streak and executed the largest share buyback in five years, spending $4.53 billion repurchasing Berkshire stock in Q2 2026. This marks a significant vote of confidence in the company's future, with over $82 billion deployed in buybacks since July 2018. Abel has also aggressively increased Berkshire's stake in Alphabet to a top-5 holding.

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