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Tamboran Director Increases Shareholding Following Shareholder-Approved PIPE

Story Highlights
  • Tamboran director David Neil Siegel acquired 10,000 new common shares via a shareholder-approved PIPE at US$21 each.
  • The additional shares, including 6,000 bought by his son, lift the Siegel family’s stake and further align director and shareholder interests in Tamboran Resources.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tamboran Director Increases Shareholding Following Shareholder-Approved PIPE

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Tamboran Resources Limited ( (AU:TBN) ) has provided an announcement.

Tamboran Resources Corporation has disclosed a change in director David Neil Siegel’s relevant interests in the company’s securities, following the issue of new shares under a private investment in public equity (PIPE) transaction approved by shareholders at a special meeting on 14 January 2026. Siegel acquired 10,000 additional common shares at US$21 per share, while his son, Robert S. Siegel, acquired 6,000 common shares, increasing their combined holdings and signaling further alignment of the director’s interests with those of Tamboran’s shareholders.

The most recent analyst rating on (AU:TBN) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Tamboran Resources Limited stock, see the AU:TBN Stock Forecast page.

More about Tamboran Resources Limited

Tamboran Resources Corporation is an energy company focused on the exploration and development of natural gas resources, with its securities listed in the form of common stock and CHESS Depositary Interests (CDIs) on the Australian Securities Exchange.

Average Trading Volume: 1,619,912

Technical Sentiment Signal: Buy

Current Market Cap: A$906.2M

For an in-depth examination of TBN stock, go to TipRanks’ Overview page.

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