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Tamboran Resources Limited ( (AU:TBN) ) has shared an announcement.
Tamboran Resources has disclosed a change in director Ryan Dalton’s holdings following his participation in an entitlement offer. Dalton acquired 4,632 additional common shares for a consideration of $162,120, increasing his direct holdings to 50,943 common shares while maintaining 4,227 restricted stock units.
The updated disclosure, lodged under ASX listing rules, signals ongoing director support for Tamboran’s capital management activities. The increased stake may be viewed by investors as a vote of confidence in the company’s strategy and outlook, although no changes were reported in Dalton’s interests in any related contracts.
More about Tamboran Resources Limited
Tamboran Resources Corporation operates in the energy sector, focusing on the exploration and development of natural gas resources. The company is listed on the ASX and its securities include common stock and restricted stock units held by its directors and executives.
Average Trading Volume: 3,073,870
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.28B
For detailed information about TBN stock, go to TipRanks’ Stock Analysis page.