Natural Resource Partners Handles Warrant Exercises
Company Announcements

Natural Resource Partners Handles Warrant Exercises

Natural Resource Partners (NRP) has released an update.

On January 29, 2024, Natural Resource Partners L.P. warrant holders exercised 462,165 warrants at a $34.00 strike price. The Partnership resolved the exercise on January 31, 2024, by distributing $10 million in cash and 198,767 common units. The 15-day Volume Weighted Average Price (VWAP) just before the exercise date was $97.62. After this exercise, 1.08 million of the original 4.0 million warrants remain unexercised.

For further insights into NRP stock, check out TipRanks’ Stock Analysis page.

For a comprehensive understanding of the announcement, you can read the full document here.

Related Articles
TipRanks Auto-Generated NewsdeskNatural Resource Partners Reports Q3 2024 Earnings
TheFlyNatural Resource Partners reports Q3 EPS $2.00 vs. $2.91 last year
TipRanks Auto-Generated NewsdeskNatural Resource Partners Enhances Financial Position and Growth
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App