Summary by Futu AI
Berkshire Hathaway Inc. has been actively purchasing shares of Occidental Petroleum Corp (OXY) from June 13, 2024, to June 17, 2024. The transactions, which are still in progress, have resulted in the acquisition of a total of 2,947,611 shares of common stock. On June 13, Berkshire Hathaway bought 1,552,497 shares at a price of $59.7679 per share. The following day, an additional 1,060,653 shares were purchased at a slightly lower price of $59.5893 each. The buying spree continued on June 17 with 334,461 shares acquired at $59.7491 per share. After these transactions, Berkshire Hathaway's indirect ownership in Occidental Petroleum amounts to 255,281,524 shares. The purchases were made on the open market and are part of an ongoing investment strategy.