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Tamboran Resources Reports Decrease in CDIs Issued

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Tamboran Resources Reports Decrease in CDIs Issued

Elevate Your Investing Strategy:

The latest update is out from Tamboran Resources Limited ( (AU:TBN) ).

Tamboran Resources Limited has announced a net decrease in the number of CHESS Depositary Interests (CDIs) issued over quoted securities, with a reduction of 15,719,600 CDIs from the previous month. This change is attributed to the net transfers of securities between CDIs and common stock, reflecting the company’s ongoing adjustments in its securities management.

More about Tamboran Resources Limited

Tamboran Resources Limited operates in the energy sector, focusing on the exploration and development of natural gas resources. The company is primarily engaged in activities related to the extraction and production of natural gas, with a market focus on energy supply and sustainability.

Average Trading Volume: 1,333,960

Technical Sentiment Signal: Buy

Current Market Cap: A$375.1M

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

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