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Texas Pacific Land (NYSE: TPL) plans three-for-one stock split in December 2025

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Texas Pacific Land Corporation is implementing a three-for-one forward stock split of its common stock. The company amended its Second Amended and Restated Certificate of Incorporation to effect the split and to increase authorized common shares from 46,536,936 to 139,610,808. The amendment becomes effective at 5:00 p.m. Eastern Time on December 22, 2025.

The record date for the stock split is December 12, 2025, with split shares distributed on December 22, 2025. Trading in the company’s common stock is expected to begin on a split-adjusted basis on December 23, 2025. The stock will continue to trade on the New York Stock Exchange and NYSE Texas, Inc. under the symbol TPL, and the CUSIP number and par value will remain unchanged.

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Insights

Texas Pacific Land is executing a 3-for-1 stock split with higher authorized shares.

Texas Pacific Land Corporation approved a three-for-one forward stock split and an increase in authorized common shares from 46,536,936 to 139,610,808 through a charter amendment effective at 5:00 p.m. Eastern Time on December 22, 2025. A stock split increases the number of shares while reducing the price per share proportionally, leaving overall company value unchanged.

The key operational dates are a record date of December 12, 2025, distribution of additional shares on December 22, 2025, and trading on a split-adjusted basis starting December 23, 2025. The trading symbol TPL, CUSIP, and par value remain the same, which simplifies continuity for investors and market infrastructure.

This action is structural rather than fundamental; it does not alter revenues, earnings, or cash flows but can affect liquidity and accessibility by lowering the per-share price. Future disclosures in company filings can provide more detail on how the expanded authorized share count is used over time.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): December 2, 2025

 

 

 

Texas Pacific Land Corporation

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Delaware 1-39804 75-0279735
(State or Other Jurisdiction
of Incorporation)
(Commission File Number) (IRS Employer
Identification No.)
     
2699 Howell Street, Suite 800  
Dallas, Texas 75204
(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 214-969-5530

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading
Symbol(s)
  Name of each exchange on which registered

Common Stock, par value $0.01 per share

  TPL   New York Stock Exchange
NYSE Texas, Inc.

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 5.03Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

On November 5, 2025, Texas Pacific Land Corporation (the “Company”) announced a three-for-one forward stock split (the “Stock Split”) of the Company’s common stock, par value $0.01 per share (the “Common Stock”). On December 2, 2025, the Company filed an amendment (the “Amendment”) to the Company’s Second Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the Stock Split and proportionately increase the number of shares of the Company’s authorized Common Stock from 46,536,936 to 139,610,808. The Amendment will become effective at 5:00 p.m. Eastern Time on December 22, 2025. The Company’s Common Stock will continue to trade on the New York Stock Exchange and NYSE Texas, Inc. under the symbol “TPL”. The CUSIP number and par value for the Company’s Common Stock will not change.

 

The record date for the Stock Split is December 12, 2025, shares will be distributed on December 22, 2025, and trading is expected to commence on a split-adjusted basis at market open on December 23, 2025.

 

The foregoing summary of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed as Exhibit 3.1 hereto and is incorporated by reference herein.

 

Item 7.01Regulation FD Disclosure.

 

On December 2, 2025, the Company issued a press release announcing the effective date of the Stock Split. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

 

The information included in this Item 7.01 of this Current Report on Form 8-K, including the attached Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
   
3.1   Certificate of Amendment to Second Amended and Restated Certificate of Incorporation of Texas Pacific Land Corporation.
99.1   Press release dated December 2, 2025 (furnished pursuant to Item 7.01).
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

    Texas Pacific Land Corporation
     
     
Date:    December 2, 2025 By: /s/ Micheal W. Dobbs
  Name: Micheal W. Dobbs
  Title: SVP, General Counsel and Secretary

 

 

 

FAQ

What stock split did Texas Pacific Land Corporation (TPL) announce?

Texas Pacific Land Corporation approved a three-for-one forward stock split of its common stock, meaning each existing share will become three shares.

When does the Texas Pacific Land (TPL) stock split become effective?

The charter amendment to effect the stock split becomes effective at 5:00 p.m. Eastern Time on December 22, 2025, with trading expected on a split-adjusted basis on December 23, 2025.

What are the record and distribution dates for the TPL stock split?

The record date for the stock split is December 12, 2025, and the additional shares are scheduled to be distributed on December 22, 2025.

How did the stock split change Texas Pacific Land’s authorized shares?

The amendment proportionately increased authorized common shares from 46,536,936 to 139,610,808 as part of the three-for-one stock split.

Will Texas Pacific Land’s ticker, CUSIP, or par value change after the split?

No. The common stock will continue to trade under the symbol TPL on the New York Stock Exchange and NYSE Texas, Inc., and the CUSIP number and par value will remain unchanged.

Where can investors find the full text of the Texas Pacific Land charter amendment?

The full text of the charter amendment is filed as Exhibit 3.1 and is incorporated by reference in the report.

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