Permian Basin Royalty Trust Announces Court Approval of Trust Indenture Modifications

The Permian Basin Royalty Trust (NYSE: PBT) announced that a Texas court approved modifications to its trust indenture requested by unitholder SoftVest, L.P. The changes reduce the required approval threshold for amendments and allow broader unitholder voting rights. These modifications could impact governance and future decision-making processes for the trust.

By Permian Basin Royalty Trust · PR Newswire · May 8, 2026, 20:15 UTC

Tickers: $PBT

Topics: indenture amendment legal action trust modification unitholder petition

Read the full article at PR Newswire

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