Berkshire Buys More Occidental Shares, Boosts Stake to 15.2 Percent

Berkshire Buys More Occidental Shares, Boosts Stake to 15.2 Percent
Berkshire Hathaway shareholders walk by a video screen at the company's annual meeting in Omaha, on May 4, 2013. Rick Wilking/Reuters
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Warren Buffett’s Berkshire Hathaway Inc has bought another 5.9 million shares of Occidental Petroleum Corp, boosting its stake in the oil company to about 15.2 percent.

The purchases were made on Monday and Tuesday and cost about $336 million, Berkshire said in a regulatory filing on Wednesday night.