Some data points and comments:
- the Harold Hamm story was released before the market opened today (Tuesday, June 14, 2022);
- at market close today, 9.5 million shares had traded today
- normal 90-day moving trading volume is 1.5 million shares
- a reader tells me that based on the 5/2/2 CLR corporation presentation:
- CLR had approximately $960 million to purchase outstanding shares
- at $75, this is 12,800,000 shares
- according to Yahoo!Finance, there are 362.97 million outstanding shares (prior to today's announcement)
- Harold Hamm apparently owned 83% of the shares prior to the announcement
- SEC filings released this next week should clarify how many shares Harold Hamm bought today, assuming he bought any at all
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.
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