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Berkshire Hathaway accelerates stock buybacks, operating profit falls - Finance news and analysis from Global Banking & Finance Review
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Berkshire Hathaway accelerates stock buybacks, operating profit falls

Published by Global Banking & Finance Review

Posted on November 7, 2026

1 min read

· Last updated: November 7, 2026

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Berkshire Hathaway Boosts Stock Buybacks Amid Falling Operating Profits

Third-Quarter Financial Performance and Stock Repurchases

Decline in Operating Profit

Nov 7 (Reuters) - Berkshire Hathaway on Saturday reported a lower third-quarter operating profit as insurance underwriting results declined, and said it bought back $9.6 billion of stock in the quarter.

Additional Stock Repurchases

The repurchases are in addition to the $4.8 billion of stock that Berkshire repurchased earlier this year.

Financial Results Overview

Quarterly Operating Profit Figures

Quarterly operating profit fell 6% to $12.71 billion, or about $8,954 per Class A share, from $13.49 billion a year earlier.

Net Income Performance

Net income fell 28% to $22.11 billion, including unrealized gains and losses on stocks that Omaha, Nebraska-based Berkshire still owns.

Reporting and Editorial Credits

(Reporting by Jonathan Stempel in New YorkEditing by Tomasz Janowski)

References

Frequently Asked Questions

How much stock did Berkshire Hathaway repurchase in the third quarter?
Berkshire Hathaway repurchased $9.6 billion of stock in the third quarter.
How did Berkshire Hathaway's quarterly operating profit change?
Quarterly operating profit fell 6% to $12.71 billion from $13.49 billion a year earlier.
What was Berkshire Hathaway's net income for the third quarter?
Net income fell 28% to $22.11 billion, including unrealized gains and losses.
Why did Berkshire Hathaway's operating profit decline?
The decline was due to weaker results from insurance underwriting operations.
Where is Berkshire Hathaway headquartered?
Berkshire Hathaway is headquartered in Omaha, Nebraska.

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