Published 2 years ago

U.S. Berkshire, Occidental stock buybacks increased holding ratio 15.2%

Summary by Ground News

The shares were bought May 2 and May 3 at prices ranging from about $56 to $58.37 apiece. Omaha, Nebraska-based Berkshire had previously built up a roughly 14.6% holding of Occidental's common stock. Occidental was the best-performing stock in the S&P 500 during the first quarter.

0 Articles

All

Left

Center

Right

Reuters

U.S. Berkshire, Occidental stock buybacks increased holding ratio 15.2%

[5th Reuters] - Berkshire Hathaway, an investment company led by prominent investor Warren Buffett, bought up 5.9 million shares of U.S. oil and gas giant Occidental Petroleum, and the holding ratio It was found in documents submitted to regulatory authorities that it raised to about 15.2%. According to the documents submitted on the evening of the 4th, the purchase proceeded on the 2nd and 3rd, and the acquisition cost was about 336 million dol…

2 years ago·United Kingdom

Read Full Article

Financial Post

Berkshire buys more Occidental shares, boosts stake to 15.2%

Warren Buffett's Berkshire Hathaway Inc has bought another 5.9 million shares of Occidental Petroleum Corp, boosting its stake in the oil company to about 15.2%. Read More

2 years ago·Canada

Read Full Article

Bloomberg Quint

Berkshire Buys More Occidental Stock, Boosting Bet on Oil Giant

(Bloomberg) -- Berkshire Hathaway Inc. snapped up about 5.9 million more shares of Occidental Petroleum Corp., as the conglomerate run by billionaire Warren Buffett piles deeper into its bet on the oil giant.Continue Reading. Read more on Markets by BloombergQuint.

2 years ago·Mumbai, India

Read Full Article