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BRIEF-Berkshire CEO discusses buybacks, own purchase of company shares
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BRIEF-Berkshire CEO discusses buybacks, own purchase of company shares
Mar 11, 2026 6:40 AM

March 5 - Berkshire hathaway ceo greg abel, speaking on

cnbc, says he consulted with his predecessor warren buffett

before deciding to resume stock repurchases

Abel says berkshire's disclosure that it has begun stock

repurchases is a one-time event

Abel says he has been disappointed in kraft heinz

investment, but the food company's new ceo is taking the right

approach in evaluating kraft heinz's future

Greg abel interview ends

Abel says his purchase of berkshire stock is to demonstrate

alignment with shareholders, and that he plans to do it every

year

Abel says warren buffett is in the office every day, and

that if they don't talk every day it's every couple of days

Abel says berkshire will act 'decisively and quickly' if an

opportunity for a possible major investment comes along

Abel says berkshire is not planning any specific action to

reduce kraft heinz investment

Abel says berkshire's pacificorp utility should not take

responsibility for a 2020 oregon wildfire caused by lightning

Abel says he views repurchases as a means to create value

for shareholders over the long term

Abel says his purchase of 21 berkshire class a shares

reflects after-tax value of his annual salary

Abel says he does not see berkshire paying a shareholder

dividend in the near future

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