Berkshire Hathaway stake in Occidental Petroleum rises to 23.6%

Warren Buffett’s Berkshire Hathaway Inc boosted its ownership stake in Occidental Petroleum Corp to about 23.6% after buying nearly 3.7 million additional shares.

Berkshire disclosed the purchases, which cost about $216 million and occurred on March 23 and 27, in a U.S. Securities and Exchange Commission filing on Monday night.

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