BUZZ-Permian-focused Landbridge's shares jump on market debut

Reuters06-29 01:11

** Shares of Landbridge , a landowner in the oil-rich Permian Basin in the United States, jump 20% to $20.40

** Company starts trading at $19 per share in New York Stock Exchange debut

** Company raised $246.5 mln by selling 14.5 mln shares at $17 apiece, below its marketed range of $19 to $22

(Reporting by Tanay Dhumal in Bengaluru)

((Tanay.Dhumal@thomsonreuters.com; Twitter: ))

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