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Occidental Petroleum | 4: Statement of changes in beneficial ownership of securities-10% Owner BERKSHIRE HATHAWAY INC

SEC announcement ·  Jun 8 09:12
Summary by Futu AI
Berkshire Hathaway Inc. has made a significant investment in Occidental Petroleum Corp (OXY), executing a series of open market purchases of common stock over a span of three days. The transactions commenced on June 5, 2024, with Berkshire Hathaway acquiring 524,340 shares at a price of $59.7452 per share. The buying spree continued on June 6, 2024, with an additional 654,293 shares purchased at $59.9342 each, and concluded on June 7, 2024, with the acquisition of 1,386,844 shares at $59.6687 per share. In total, Berkshire Hathaway has acquired 2,565,477 shares of Occidental Petroleum, significantly increasing its holdings in the company. The transactions are reported to be in progress, indicating that further activity may be expected. Following these transactions, Berkshire Hathaway's total beneficial ownership in Occidental Petroleum has reached 250,583,605 shares.
Berkshire Hathaway Inc. has made a significant investment in Occidental Petroleum Corp (OXY), executing a series of open market purchases of common stock over a span of three days. The transactions commenced on June 5, 2024, with Berkshire Hathaway acquiring 524,340 shares at a price of $59.7452 per share. The buying spree continued on June 6, 2024, with an additional 654,293 shares purchased at $59.9342 each, and concluded on June 7, 2024, with the acquisition of 1,386,844 shares at $59.6687 per share. In total, Berkshire Hathaway has acquired 2,565,477 shares of Occidental Petroleum, significantly increasing its holdings in the company. The transactions are reported to be in progress, indicating that further activity may be expected. Following these transactions, Berkshire Hathaway's total beneficial ownership in Occidental Petroleum has reached 250,583,605 shares.

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