Texas Pacific Land approves three-for-one stock split

Texas Pacific Land has approved a three-for-one stock split to be distributed to stockholders as a stock dividend. Each stockholder of record at the close of business on March 18 will receive two additional shares of common stock of the company for each share held as of this record date. The new shares will be distributed on March 26. Trading of the company’s common stock is expected to begin on a stock-split adjusted basis on March 27.