According to CNBC, Berkshire Hathaway doubled its share buyback to $9.6 billion in Q3 2026, more than double the $4.5 billion repurchased in Q2. Year-to-date buyback spending reached $14.4 billion. The buyback expansion occurred as the company's operating earnings declined 5.8% year-over-year to $12.7 billion, dragged by a 43% drop in insurance underwriting profits and a 14% decline in insurance investment income.
Berkshire's total cash position grew 3% sequentially to $377.4 billion as of Q3 end. Net cash holdings, excluding railroad and utility assets plus short-term Treasury purchases, decreased slightly by 1.9% to $352.3 billion.