Buffett's Berkshire owns 19.2% of Occidental Petroleum after new purchases

Reuters
2022.07.13 23:26
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July 13 (Reuters) - Berkshire Hathaway Inc (BRKa.N) , run by Warren Buffett, said it has this week purchased another 4.3 million shares of Occidental Petroleum Corp, giving it a 19.2% stake in the oil company. In a U.S. Securities and Exchange Commission filing on Wednesday, Berkshire said it spent about $250 million on the additional shares, giving it ownership of about 179.4 million Occidental common shares worth approximately $10.4 billion.

July 13 (Reuters) - Berkshire Hathaway Inc (BRKa.N) , run by Warren Buffett, said it has this week purchased another 4.3 million shares of Occidental Petroleum Corp (OXY.N) , giving it a 19.2% stake in the oil company.

In a U.S. Securities and Exchange Commission filing on Wednesday, Berkshire said it spent about $250 million on the additional shares, giving it ownership of about 179.4 million Occidental common shares worth approximately $10.4 billion.

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