Warren Buffett's successor is all-in on the company: He will spend his entire after-tax salary of $15M buying Berkshire Hathaway stock [Yahoo! Finance]
Berkshire Hathaway Inc. New (BRK.B)
Last berkshire hathaway inc. new earnings: 11/2 07:00 am
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Source: Yahoo! Finance
Two months after taking over from Warren Buffett, Berkshire Hathaway CEO Greg Abel is putting his money where his mouth is. The Berkshire boss said in a CNBC interview Thursday he would use his entire $15 million after-tax salary (his salary is $25 million for 2026) to purchase shares of the company he took over in January each year for as long as he is in charge. These purchases, which he said would take place yearly after the company releases its annual results, would amount to “hundreds of millions of dollars” of share repurchases over the years. Abel already bought about $15.3 million worth of Berkshire Hathaway shares this week, according to a filing with the Securities and Exchange Commission. “Absolute alignment with our shareholders, our partners, our owners is critical,” Abel told CNBC . “I already have some shares, but the goal was to continue to demonstrate alignment with them.” Despite Buffett's famous preference for thriftiness , Abel said he made the decision to
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News
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- Berkshire Is Sitting On $819 Million Or More in Google Gains — So Why Won't The New Boss Talk About It? [Yahoo! Finance]Yahoo! Finance
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BRK.B
Earnings
- 3/2/26 - Beat
BRK.B
Sec Filings
- 3/5/26 - Form 8-K
- 3/5/26 - Form 4
- 3/2/26 - Form 8-K
- BRK.B's page on the SEC website