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Class A Shares

All articles tagged with #class a shares

Berkshire Resumes Buybacks as New CEO Abel Buys $15 Million in Class A Shares
business1 month ago

Berkshire Resumes Buybacks as New CEO Abel Buys $15 Million in Class A Shares

Berkshire Hathaway has restarted its stock repurchase program under new CEO Greg Abel, who also bought $15 million of Class A shares, signaling alignment with shareholders. Abel consulted Buffett on the timing and value, and says buybacks will continue when the price is below intrinsic value, while Berkshire maintains a large cash pile and Buffett’s long‑standing preference for reinvesting in equities rather than paying dividends.

Alphabet approves $70B stock repurchase.
business3 years ago

Alphabet approves $70B stock repurchase.

Alphabet's board of directors authorized $70 billion in share repurchases, which could represent a continuation of last year's pace. The company will take into account the stock price and market conditions when deciding when to buy back its own shares of both Class A and Class C stock. Share repurchases have become a hot topic in Washington DC, with some politicians criticizing the practice as a bad use of company profits over alternatives like pay raises.