Warren Buffett’s Giveaway Plan Implies $17 Billion of Berkshire Stock a Year. Greg Abel Bought Back $4.5 Billion Last Quarter.
Warren Buffett announced plans to donate roughly $17 billion per year in Berkshire Hathaway shares to foundations operated by his children. Concurrently, Greg Abel, who assumed the CEO role at the start of 2026, authorized a repurchase of $4.5 billion in company stock during the second quarter.
Buffett’s charitable giving strategy differs substantially from the company’s historical approach. As both CEO and major shareholder, Buffett had previously declined to implement dividend pay