Berkshire Hathaway boosts stake in Occidental Petroleum to nearly 29%
Berkshire disclosed in a U.S. Securities and Exchange Commission filing on Monday that it paid about $176 million in three separate purchases of Occidental shares since Thursday.
In August 2022, Berkshire won U.S. regulatory approval to buy up to 50% of Occidental, but Buffett has said he has no plans to acquire the Houston-based company.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Occidental Petroleum, Berkshire Hathaway partner to extract lithiumNo 1 source of global mining news and opinion
Read more »
Berkshire buys additional 2.57 million shares in Occidental Petroleum, filing showsBerkshire buys additional 2.57 million shares in Occidental Petroleum, filing shows
Read more »
Warren Buffett’s Berkshire Hathaway trims its stake in Chinese EV maker BYD to 6.9%Warren Buffett's conglomerate has sold an additional 1.3 million Hong Kong-listed shares of BYD for $39.8 million, according to a filing.
Read more »
Warren Buffett's Berkshire Hathaway did crash 99% ...against Bitcoin since 2015Allocating just 1% of Berkshire Hathaway's portfolio to Bitcoin could have boosted Warren Buffett's profits by over 25%.
Read more »
NYSE technical issue impacting some stock prices, incorrectly showing Berkshire Hathaway down 99%Trading was halted in several stocks as the NYSE investigated a technical issue around its volatility controls.
Read more »
NYSE technical issue impacts some stock values, exchange incorrectly shows Berkshire Hathaway down 99%Trading was halted in several stocks as the NYSE investigated a technical issue around its volatility controls.
Read more »