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Enterprising Investor

10/30/18 8:12 PM

#315 RE: Enterprising Investor #269

Prediction: TPL will end up purchasing more shares in Q4 than any other quarter in 2018.

Enterprising Investor

11/07/18 7:38 PM

#326 RE: Enterprising Investor #269

TPL cash on hand was $110.617 million at 9/30/18.

Up from $79.580 million at 12/31/17.

The trust purchased and retired 10,706 Sub-shares in the open market during the third quarter. Average cost per share paid was $790.82 ($8.467 million).