Berkshire Hathaway Record $11B Buyback Reanalysis: Why the Largest Repurchase in Company History Reframes the BRK.B Fair-Value Debate at $548
Berkshire Hathaway’s record ~$11B Q2 buyback — the largest in company history — refutes the idle-cash bear case. We raise our BRK.B base-case fair value to $548 and rate it Hold, accumulate on weakness.