The Economic Times

US Stock Market | Berkshire Hathaway resumes share repurchases, CEO Abel buys stock for himself

Berkshire Hathaway has restarted buying back its own shares after a long break. This move comes as Greg Abel takes over as CEO from Warren Buffett. Abel himself has bought more Berkshire shares, showing his commitment. The company is also addressing wildfire claims and its stake in Kraft Heinz. These actions signal a new phase for the conglomerate.