Resolution will be based primarily on data from the company itself, such as form 10-Q, but may also consider credible media reporting or other sources.
Repurchase of A shares or B shares would count for this market. Only repurchases made during April, May or June 2026 count. Share issuances, or conversions between classes, are not relevant. Private purchases by Abel, Buffett or anyone else are also not relevant.
I will aim to resolve this market within one week of the company publishing the relevant data for q2 2026, unless there is material uncertainty or disagreement about the outcome. Earlier resolution could occur (but probably won’t).
I will not bet on this market.
1,000Should resolve Yes based on reporting:
Barron’s estimates that Berkshire bought back anywhere from $5 billion to $11 billion of stock in the second quarter, based on calculations using information in Chairman Warren Buffett’s securities filing on Tuesday when he announced annual gifts to four family foundations.
...
In his filing Tuesday, Buffett disclosed that he owns 188,290 of the company’s Class A shares—plus 1,162 B shares that are equivalent to less than one A share. His stake represented 13.2% of Berkshire’s shares outstanding on July 14, the date of the filing.
This implies that Berkshire had about 1,426,446 A shares outstanding (with B shares converted to an equivalent amount of A shares) on that date—188,290 divided by 0.132. That total would be down by more than 11,000 A shares since April 14, the date of the Berkshire proxy and the most recent share count total.
https://www.barrons.com/articles/berkshire-hathaway-stock-buybacks-buffett-73c38e42
@AviEisenberg Thank you for bringing this to my attention. I think it is highly probable there were buybacks in q2, and I'd be surprised and disappointed if there haven't been - the price in q2 went below the average buyback price of q1, even as intrinsic value would have been rising.
Having said that, the Barron's estimate is just an estimate. Almost certainly it will be directionally correct, and this market will resolve YES, but I would prefer to wait for the 10-Q form in about 2 weeks rather than resolving early.