LandBridge Announces Completion of Conversion and Redomestication in Texas
LandBridge completed its conversion and redomestication from a Delaware LLC to a Texas corporation named LandBridge Corporation, with Class A and Class B shares converting one-for-one into common stock under the same ticker LB. The company expects the conversion to make it eligible for potential future inclusion in S&P, Russell and CRSP indices, which it believes will broaden its investor base and improve trading liquidity.
Key figures
- Par value
- $0.001 per share
- Surface acres
- more than 350,000
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