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Warren Buffett's Berkshire Hathaway Buys $409 Million of Additional Occidental Stock

Moomoo News ·  Dec 20 10:40

$Occidental Petroleum (OXY.US)$ 10% Shareholder BERKSHIRE HATHAWAY INC purchased 8.9 million shares of common stock on Dec 17, 18, 19, 2024 at an average price of $45.9883 for a total value of $409.15 million.

This transaction involves other related parties: BUFFETT WARREN E.

Source: Announcement

What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.    

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