Tamboran Resources Limited ( (AU:TBN) ) has issued an update.
Tamboran Resources Limited announced a decrease in the number of CDIs issued over quoted securities, with a net reduction of 225,364,800 CDIs in April 2025. This change is attributed to the net transfers of securities between CDIs and common stock, reflecting the company’s strategic adjustments in its financial structuring. The announcement highlights the company’s ongoing efforts to optimize its securities distribution, which may impact its market positioning and stakeholder interests.
More about Tamboran Resources Limited
Tamboran Resources Limited is a company operating in the energy sector, focusing on the exploration and development of natural gas resources. The company aims to leverage its assets to supply energy to domestic and international markets.
YTD Price Performance: 13.79%
Average Trading Volume: 1,534,561
Technical Sentiment Signal: Buy
Current Market Cap: A$381.4M
For an in-depth examination of TBN stock, go to TipRanks’ Stock Analysis page.