Replies to post #46 on Texas Pacific Land Corporation (TPL)

[Enterprising Investor]

TPL cash on hand was $46,170,691 at 9/30/15.

Up from $26,814,759 at year end.

The trust purchased and retired 38,031 Sub-shares in the open market. Average cost per share paid was $139.06.

[ernie44]

didn't they just convert 25 million bucks to shares--or was that their grandfather