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Horizon Oil Limited ( (AU:HZN) ) has shared an update.
Horizon Oil Limited announced a change in the director’s interest, specifically regarding Richard Beament, who acquired 1,503,478 Deferred STI Rights. This acquisition was approved by shareholders at the 2025 Annual General Meeting. The issuance of these securities is part of the company’s strategic initiatives to align management interests with shareholder value, potentially impacting the company’s operational focus and stakeholder engagement.
More about Horizon Oil Limited
Horizon Oil Limited operates in the oil industry, focusing on the exploration, development, and production of oil and gas resources. The company is engaged in various projects aimed at enhancing its market presence and resource base.
YTD Price Performance: 19.63%
Average Trading Volume: 1,449,026
Technical Sentiment Signal: Buy
Current Market Cap: A$317.4M
For a thorough assessment of HZN stock, go to TipRanks’ Stock Analysis page.