Berkshire Hathaway resumes buybacks and CEO supports Kraft's decision to pause its split

March 5, 2026 - 20:03

Berkshire Hathaway has resumed its share repurchase program after a nearly two-year pause, a move signaling the conglomerate's confidence in its intrinsic value. The company formally notified the Securities and Exchange Commission of the buyback activity, which commenced this week.

In a concurrent development, new Chief Executive Greg Abel expressed support for Kraft Heinz's recent decision to halt its planned corporate split. Abel, who succeeded Warren Buffett earlier this year, stated he has no immediate intention to sell Berkshire's substantial stake in the packaged food company. He made these remarks during a televised interview, following the release of his inaugural letter to shareholders.

The dual announcements highlight the strategic direction under Abel's nascent leadership. The buyback resumption indicates a belief that Berkshire's stock is undervalued, a traditional capital allocation move for the Omaha-based giant. The endorsement of Kraft Heinz's strategic pivot suggests a stable, long-term view of the investment, emphasizing operational focus over structural overhaul. These steps are being closely watched by investors for signals of continuity or evolution in Berkshire's famed investment philosophy.