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Berkshire Hathaway Buys Additional 2.6 Million Shares of Occidental Petroleum
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Berkshire Hathaway Buys Additional 2.6 Million Shares of Occidental Petroleum
Jun 10, 2024 4:21 AM

06:57 AM EDT, 06/10/2024 (MT Newswires) -- Berkshire Hathaway (BRK.A) bought an additional 2.57 million shares in Occidental Petroleum's ( OXY ) common stock over June 5 to June 7, the energy producer said Friday in a regulatory filing.

Following the recent share purchases, Berkshire Hathaway currently owns about 250.6 million shares of Occidental Petroleum ( OXY ), Reuters reported. Berkshire controlled around 28% shares of Occidental Petroleum ( OXY ) as of March, according to the report.

Berkshire Hathaway bought 524,340 shares at $59.7452 per share on June 5, followed by 654,293 more shares bought for $59.934 per share on June 6, and an additional 1,386,844 shares purchased at $59.6687 per share on June 7.

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