Berkshire Hathaway spent roughly $1 Billion on stock buybacks in the second quarter of 2020, less than a third of what the company repurchased in the first quarter.
The buybacks have slowed dramatically from 2021’s pace, reflecting Berkshire’s rising share price. In the fourth quarter of 2021, Berkshire repurchased $6.9 billion in combined Class A and Class B common stock, and Berkshire’s $27 billion in buybacks for 2021 was a record for the company.
© 2022 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell a stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.