Berkshire Hathaway’s new CEO Greg Abel is handling significant corporate spending, with the company making large investments and repurchasing its own shares. Multiple outlets report that Berkshire invests $10 billion in Alphabet, Google’s parent company, and also carries out a share buyback program totaling about $4.5 billion.
The actions come as Berkshire manages a large cash position and continues its approach of deploying capital through major stakes and returns to shareholders. While the sources focus on the scale of the investment and buybacks, they largely align on the specific figures and the timing tied to Abel’s start as CEO, framing the moves as part of Berkshire’s broader capital allocation rather than a single, isolated transaction.
