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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: BreckHutHigh   😊 😞
Number: of 15054 
Subject: Re: More OXY
Date: 12/14/2023 5:12 AM
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No. of Recommendations: 3
And then there are the 83,858,848 warrants to purchase common at $59.62/share, which upon exercise would increase Berkshire's ownership significantly.

Mr. Buffett at the annual meeting in May of this year:

“We will not be making any offer for control of Occidental, but we love the shares we have,” Buffett said. “We may or may not own more in the future but we certainly have warrants on what we got on the original deal on a very substantial amount of stock around $59 a share, and warrants last a long time, and I’m glad we have them.

https://buffett.cnbc.com/video/2023/05/08/afternoo...

Draw your own conclusion as to what will transpire in the future.

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