11.01.2024 12:28:41 - dpa-AFX: Berkshire Hathaway Increased Stake In Occidental Petroleum To 34%

LOS ANGELES (dpa-AFX) - Occidental Petroleum Corp., (OXY) in a Schedule 13G
filing with SEC revealed that the ownership of Berkshire Hathaway Inc. (BRK-B,
BRK-A) of Warren Buffet has now increased to 34 percent.

An aggregate of 83,858,848.81 shares is now owned by Berkshire. The Berkshire
Warrants have not been exercised. Berkshire has approval to buy up to fifty
percent of the Houston-based hydrocarbon exploration company.

According to an earlier filing in December 2023, the stake of Berkshire in
Occidental was 27.77 percent.

The Berkshire Warrants were issued initially on August 8, 2019, for 80,000,000
million shares at an exercise price of $62.50 per share.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
BERKSHIRE HATHAWAY A DL 5 854075 Frankfurt 569.000,000 11.06.24 16:07:13 -8.000,000 -1,39% 0,000 0,000 572.500,000 569.000,000
OCCIDENTAL PET. DL-,20 851921 Frankfurt 56,610 11.06.24 09:27:48 +0,610 +1,09% 0,000 0,000 56,210 56,610

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