Berkshire Makes Record $9.6 Billion Buyback
Channel: Bloomberg Television
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Read a transcript preview of “Berkshire Makes Record $9.6 Billion Buyback” from Bloomberg Television, uploaded on 2026-11-07.
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Language: English (creator captions)
[0:00] Just moments ago, Berkshire Hathaway reported its third quarter earnings as you heard Lisa talking about.
[0:04] Yes. Wanna bring in Matthew Palazola, as we promised, senior insurance equity analyst for Bloomberg Intelligence.
[0:09] Now you've been looking at all of these numbers coming in. Let me highlight a few
[0:11] of them Sure. Demarcated in red here as I look at the the headlines on the
[0:15] terminal. Chiefly here, the buyback of $9,600,000,000 in shares. Why why don't we start there? Yeah.
[0:20] You... You'd expected more buybacks going into this. Uh-huh. What does that number tell you about
[0:24] the health of this company and what's prioritized?
[0:25] So I like that number. The... We knew because of the disclosed share counts that they
[0:31] had probably bought back at least 4,000,000,000 and change in the quarter. So we knew that
[0:35] was gonna happen. We looked at the valuation of the stock through the quarter. We said,
[0:40] well, it was actually got cheaper th