(Reuters) – Warren Buffett said his conglomerate Berkshire Hathaway Inc could repurchase as much as $100 billion of its stock, the Financial Times said on Thursday without providing a time frame, citing a recent interview with the billionaire.

FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. REUTERS/Rick Wilking

Berkshire did not immediately respond to a request for comment.

Buffett had said in his February annual letter to shareholders that over time Berkshire would likely be a “significant” buyer of its own stock, when it traded below the Omaha, Nebraska-based company’s estimate of its intrinsic value.

Berkshire repurchased $1.3 billion of its stock last year, after Buffett