BRK.B ▼ -0.1% $BRK.B Berkshire Hathaway just made its biggest buyback ever — Spent $9.6B on its own stock in Q3, topping the old record of $9.3B from Q3 2020 — Went six straight quarters with zero buybacks, mid-2024 through end of 2025 — September alone was about $5.4B at an average of $506.64 per Class B share — Bought $2.4B of other stocks and sold $2.8B, so buybacks ran about four times its stock buying — Since the 2018 rule change, Berkshire can only buy back when the stock trades below what management thinks it's worth — Cash still grew to $377.4B from $365.5B last quarter, even after the record buyback — Operating earnings fell 5.8% to $12.7B with Geico weak, and net profit dropped more than 28% to $22.1B 07-NOV-2026 10:48 AM ET