Berkshire Hathaway's BRK.A shares closed Friday at $798,000, just 1.4% below their all-time closing high of $809,350, while the B shares finished at $532.02. The recovery has been helped by CEO Greg Abel's $4.5 billion of buybacks in Q2, roughly $360 billion in cash, higher short-term interest rates, a quiet hurricane season, and a $19 billion Chevron stake that hit an all-time high. Berkshire also invested a further $330 million in Bending Spoons at $33 per share, and the stock closed at $47.07, 42.6% above that price. The shares had fallen more than 14% in the three months after Buffett's May 2025 announcement, as investors worried the 'Buffett premium' was dissolving.
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