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The latest announcement is out from Tamboran Resources Limited ( (AU:TBN) ).
Tamboran Resources Corporation reported no change in the total number of CHESS Depositary Interests (CDIs) on issue for March 2026, with 1,649,547,000 CDIs on issue at month-end, maintaining the same level as the previous month. The number of underlying common shares (TBNAM) was revised to 15,899,997 following a correction to figures previously notified, while CDI equivalents, restricted stock units and options remained unchanged, signalling a clarification rather than a substantive alteration to the company’s capital structure.
The update confirms that the CDI ratio of 200:1 remains intact and that there has been no net issuance or cancellation of CDIs over quoted securities during the period. For investors, the announcement primarily serves to rectify an earlier misstatement in the common stock count, improving transparency around Tamboran’s equity base without indicating any new capital raising or dilution in March 2026.
More about Tamboran Resources Limited
Tamboran Resources Corporation is an energy company listed on the ASX under the code TBN. The company has its capital structure represented in CHESS Depositary Interests (CDIs) and common stock, alongside restricted stock units and options, reflecting a typical listed resource-sector equity and incentive framework.
Average Trading Volume: 2,840,959
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.31B
See more insights into TBN stock on TipRanks’ Stock Analysis page.