The conglomerate repurchased $234 million of its stock in March, signaling confidence in undervaluation amid a $475 share price.
Berkshire Hathaway repurchased $234 million of its own shares in March 2026, marking its first buyback since the first half of 2024. The move reflects management’s view that the stock, trading near $475, is undervalued relative to its intrinsic value.
The company’s cash reserves remain near $400 billion, making the repurchase a small but symbolic step. Analysts largely agree with the assessment, with a consensus price target of $527.97 for Berkshire’s Class B shares, well above the current level.
The buyback aligns with Berkshire’s long-standing policy to repurchase shares when they trade below a conservatively determined intrinsic value. CEO Greg Abel’s team has cited the stock’s lackluster performance over the past year as justification for the move.