Berkshire Hathaway spent $9.6 billion buying back its own shares, the investment conglomerate's first share repurchases since 2024, as it moved to deploy capital following three consecutive years in which Warren Buffett was a net seller of stocks.

According to information reported by the Financial Times and shared by Coin Bureau on X, the $9.6 billion was directed toward Berkshire's own stock. The buybacks represent a shift from the company's recent approach to equity investments and come under new Chief Executive Officer Greg Abel, who took over after Buffett retired at the end of 2025.

Berkshire Resumes Share Buybacks Under Greg Abel

The decision to repurchase Berkshire shares is being viewed as a possible indication that Abel considers the company's stock undervalued. That interpretation was cited in the Financial Times report, although the reported spending figure alone does not establish the company's internal valuation assessment. Buybacks return capital to shareholders and reduce the number of shares outstanding, which is why a resumption after a prolonged pause tends to draw attention from investors looking for a read on how a company's leadership values its own business.

The purchases also mark Berkshire's first share buybacks since 2024. Before stepping down at the end of 2025, Buffett had reduced the company's stock holdings on a net basis in each of his final three years in charge. That selling pattern stood in contrast to the latest move: rather than adding to outside equity positions, the company directed $9.6 billion toward repurchasing its own stock.

Berkshire Holds More Than $350 Billion in Cash

The share repurchases come as Berkshire retains a cash pile exceeding $350 billion. That substantial reserve has drawn attention during a period of volatility in U.S. equities, particularly as technology and artificial intelligence-related stocks have faced selling pressure.

Coin Bureau also highlighted a sharp market decline during the week, when the AI selloff erased $3 trillion from U.S. stocks in a single day. The post placed Berkshire's large cash position against that market backdrop, although it did not identify the specific holdings responsible for the reported losses.

The scale of Berkshire's cash reserves gives the company considerable capital available for potential investments. However, the reported figures do not establish how much of that cash management intends to deploy, or which assets it may consider purchasing.

Investment Chief Sees Potential Opportunity in AI Infrastructure Downturn

The market commentary accompanying the figures included a view from an investment chief who said Berkshire would "take advantage if the AI infrastructure [trade] implodes." The remark points to the possibility of investment opportunities if the AI-related market trade suffers a more severe downturn.

That comment was presented as an investment chief's assessment rather than an announced Berkshire strategy. The available information did not identify the individual, or specify which AI infrastructure companies or assets could be affected.

Berkshire's reported $9.6 billion buyback — its first since 2024 — therefore stands alongside two other notable figures: a cash reserve topping $350 billion and a $3 trillion single-day decline in U.S. stocks during the AI selloff. Whether further repurchases follow, and whether any of the cash reserve is eventually put to work amid the AI-related selling, remain open questions that the current reporting does not resolve.

Reporting: Victoria Hale, Technology & Blockchain Writer. Originally published by Hokanews.