Berkshire Hathaway buyback may reach $11 billion in Q2

For investors, the buyback matters because Berkshire’s repurchases have long been read as a signal that management sees the stock as trading below intrinsic value. With Warren Buffett still at the helm during the quarter but Greg Abel positioned as his eventual successor, the size of the repurchases will be closely watched for clues on capital allocation discipline under the next era of leadership.

The move also fits a broader market backdrop in which companies are returning more cash to shareholders. Adalytica’s S&P 500 trade signals show sentiment at 83, labeled greed, and awareness at 97, or extreme greed, underscoring a market environment where buybacks can amplify demand for large-cap stocks that are already attracting flows.

Berkshire’s own shares had been under pressure earlier in the year, with the stock briefly falling below its 200-day average and the RSI dropping into deeply oversold territory in March before rebounding. The turnaround suggests investors have become more confident in the conglomerate’s earnings power and balance-sheet strength, even as the company keeps a large cash reserve and limits deployment into major acquisitions.

The key question now is whether Berkshire confirms the Q2 buyback figure in its full earnings disclosure and whether Abel, once he assumes day-to-day control, keeps repurchases at a similar pace. That will shape expectations for capital returns, support sentiment toward the stock, and help determine how aggressively Berkshire uses cash in a market still hungry for buybacks.