PBT Land and Minerals Announces Record Date and Subscription Price for Rights Offering
PBT Land and Minerals, Inc. (the “Company”) today announced the establishment of October 13, 2026 as the record date for its proposed rights offering and $28.08 per share as the subscription price. The subscription price is equal to 87.5% of the volume-weighted average price of the Permian Basin Royalty Trust (
NYSE: PBT) units for the five consecutive trading days ending October 2, 2026.
