Permian Basin Royalty Trust sets subscription price for planned rights offering at $28.08 per unit
PBT•Permian Basin Royalty Trust set the subscription price for its proposed rights offering at $28.08 per unit and Oct. 13, 2026, as the record date; the offering’s start is pending regulatory clearance.
1. Offering terms
Permian Basin Royalty Trust set Oct. 13, 2026, as the record date for its proposed rights offering and fixed the subscription price at $28.08 per unit. The price equals 87.5% of the five-day volume-weighted average price through Oct. 2, 2026; the offering’s start remains pending regulatory clearance.
