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.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Berkshire Hathaway 854075 NYSE 627.400,000 31.05.24 03:01:22 +9.710,000 +1,57% 614.888,880 0,000 617.940,540 627.400,000
Occidental Petroleum Corp 851921 NYSE 62,500 31.05.24 03:00:46 +1,290 +2,11% 62,360 62,500 61,330 62,500

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH