32 | Friday, August 7, 2026Berkshire Hathaway's new CEO Greg Abel spends a chunk of the company's massive cashpile Print | Front Page | Email this story You have entered an invalid email addressTo:* RequiredFrom:* RequiredMessage:You have entered an invalid email addressFrom (email): * RequiredMessage: * RequiredOMAHA, Neb. (AP) — Berkshire Hathaway's new CEO Greg Abel spent a significant chunk of the company's massive pile of cash as it invested $10 billion in Google's parent company and repurchased about $4.5 billion of its shares. Berkshire's report suggested that it had added more than $21 billion worth of commercial, industrial and other stocks to its portfolio, but the earnings report doesn't name the stocks it bought. Abel took over as CEO in January when Buffett retired after six decades leading the company. Berkshire previously repurchased $78 billion worth of its own stock between 2018 and 2024.