InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,221.42
(
-0.02%
)
US TECH 100
17,716.80
(
0.19%
)
Dow Jones
39,431.51
(
-0.21%
)
Brent Oil
83.26
(
0.05%
)
Bitcoin
62,409.04
(
-0.79%
)
Post# of 189
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

gfp927z

Send PM Follow Ignore
Followers 84
Posts 32237
Boards Moderated 85
Alias Born 03/22/2005

gfp927z

Re: None

Wednesday, 04/15/2020 11:09:05 AM

Wednesday, April 15, 2020 11:09:05 AM

Post# of 189
>>> Berkshire Hathaway to accept Occidental shares instead of cash dividends


Reuters

April 15, 2020


https://finance.yahoo.com/news/berkshire-hathaway-accept-occidental-shares-135632157.html


April 15 (Reuters) - Occidental Petroleum said on Wednesday billionaire Warren Buffett's Berkshire Hathaway Inc had agreed to accept common shares of the oil producer instead of cash dividends for preferred stock.

Berkshire last year bought $10 billion worth of Occidental's preferred shares to help finance its acquisition of Anadarko Petroleum.

Berkshire plans to sell the common shares, Occidental said in a regulatory filing.

<<<





Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up