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The latest announcement is out from Horizon Oil Limited ( (AU:HZN) ).
Horizon Oil Limited announced the issuance of 2,286,537 fully paid ordinary shares to settle obligations under the company’s Deferred Short-Term Incentive (STI) Framework. This move is part of the company’s financial strategy to manage employee obligations, as detailed in their 2024 and 2025 Annual Financial Reports, potentially impacting its financial positioning and stakeholder relations.
More about Horizon Oil Limited
Horizon Oil Limited operates in the energy sector, focusing on the exploration, development, and production of oil and gas resources. The company is known for its strategic investments in key oil and gas projects, aiming to enhance its market presence and deliver sustainable energy solutions.
YTD Price Performance: 20.0%
Average Trading Volume: 1,161,915
Technical Sentiment Signal: Buy
Current Market Cap: A$341.3M
For a thorough assessment of HZN stock, go to TipRanks’ Stock Analysis page.