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Tamboran adjusts CDI and common stock balances across ASX and NYSE

Story Highlights
  • Tamboran Resources modestly increased its CDIs in April 2026 through net transfers from common stock.
  • The company rebalanced common stock and CDI-equivalent securities to support liquidity across ASX and NYSE.
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Tamboran adjusts CDI and common stock balances across ASX and NYSE

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Tamboran Resources Limited ( (AU:TBN) ) has shared an update.

Tamboran Resources Corporation reported a modest increase in CHESS Depositary Interests on issue for April 2026, with TBN CDIs rising to about 1.51 billion, driven by net transfers between CDIs and common stock. The filing also details movements in underlying common stock and CDI-equivalent securities across its ASX and NYSE listings, signalling ongoing capital structure adjustments but no change in option holdings.

The number of common shares (TBNAM) grew to roughly 27.8 million, while CDI-equivalent securities (TBNAN) declined, reflecting transfers between these instruments and new issues on both exchanges. These shifts indicate Tamboran is actively managing the balance between CDIs and common stock to support dual-market liquidity and align its capital base with investor demand in Australia and the United States.

More about Tamboran Resources Limited

Tamboran Resources Corporation is an energy company whose securities trade on the Australian Securities Exchange under the code TBN and are also associated with listings on the NYSE. The company uses CHESS Depositary Interests (CDIs) and common stock structures to facilitate cross-border trading and investor access to its shares.

Average Trading Volume: 3,413,773

Technical Sentiment Signal: Buy

Current Market Cap: A$1.28B

For detailed information about TBN stock, go to TipRanks’ Stock Analysis page.

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