Barnwell Industries, Inc. Adopts Limited-Duration Shareholder Rights Plan

Designed to Prevent “Creeping” Control by 30% Shareholder and Protect the Long-Term Value for All ShareholdersHONOLULU, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) (“Barnwell” or the “Company”) today announced that the Board of Directors (the “Board”) of Barnwell has adopted a limited-duration shareholder rights plan (“Rights Plan”) designed to protect the interests of the Company and all of its shareholders. The Rights Plan is also intended to provide the Board sufficie ...