warren buffett’s berkshire hathaway inc didn’t pull the trigger on any major acquisitions this past quarter—unless you count the company’s own shares berkshire spent 126 billion on stock buybacks during the first six months of 2021 and because its shares may still trade below the company’s intrinsic value—as defined by mr buffett—it is a safe bet berkshire’s repurchases kept that pace in the third quarter analysts said in the first few weeks of july buybacks totaled about 175 billion said james shanahan an analyst with edward jones