economy

Abel puts a big chunk of Berkshire's cash to work

In his second quarter as the new CEO of Berkshire Hathaway, Greg Abel did some serious spending, including $4.5 billion on buybacks.

Abel puts a big chunk of Berkshire's cash to work

TL;DR

  • Greg Abel, the new CEO of Berkshire Hathaway, spent $4.5 billion on buybacks.
  • This occurred during his second quarter as CEO.