Occidental Reports Results of Offer to Exercise Warrants-March 2024-www.financetom.com

Occidental Reports Results of Offer to Exercise Warrants

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Occidental Reports Results of Offer to Exercise Warrants

Apr 1, 2025 6:58 AM

09:40 AM EDT, 04/01/2025 (MT Newswires) -- Occidental (OXY) reported Tuesday the results of an offer to exercise its warrants at a temporarily reduced price of $21.30 per warrant.

The offer expired on Monday with about 41.9 million warrants that were tendered, the energy company said.

Occidental said it will issue about 41.9 million shares and receive $891.9 million of proceeds related to the warrants exercised.

Shares were down 0.3% in recent trading.

Price: 49.22, Change: -0.14, Percent Change: -0.28

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