Berkshire Hathaway Shares Gain After $4.5 Billion Buyback Reflects Change in Cash Strategy
Berkshire Hathaway's shares surged after the company reported a $4.5 billion share buyback and significant equity investments in Q2 2026, signaling a shift in its cash allocation strategy under CEO Greg Abel. Operating profit increased by 16% to $12.98 billion, with strong growth in …