Berkshire Hathaway's new Chief Executive Officer Greg Abel announced that the company has resumed its first stock buyback program since early 2024, calling it a "one-time event." Before making this decision, Abel consulted with Warren Buffett. He will use his entire 2025 annual salary of $15.3 million to purchase Class A shares and committed to continuing this practice. He stated that the company's substantial cash reserves of $373.3 billion make stock buybacks more prudent than other investments, but he ruled out entering the cryptocurrency market, citing the lack of intrinsic value in cryptocurrencies. Berkshire's Class B shares rose 1.2% in premarket trading.