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Horizon Oil Updates Director’s Securities Holdings

Story Highlights
  • Horizon Oil Limited operates in the oil and gas industry, focusing on exploration and production.
  • The company adjusted director’s securities following an unfranked dividend declaration.
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Horizon Oil Updates Director’s Securities Holdings

An announcement from Horizon Oil Limited ( (AU:HZN) ) is now available.

Horizon Oil Limited announced a change in the director’s interest, specifically for Director Richard Beament. The change involves the issuance of additional Deferred STI Rights and Long Term Performance Rights as an adjustment following the company’s unfranked dividend declaration on February 27, 2025. This adjustment reflects the company’s commitment to aligning executive incentives with shareholder interests and maintaining transparency in its governance practices.

More about Horizon Oil Limited

Horizon Oil Limited operates in the oil and gas industry, focusing on exploration, development, and production of hydrocarbons. The company is engaged in activities primarily in the Asia-Pacific region, aiming to maximize shareholder value through strategic investments and operational excellence.

YTD Price Performance: 30.0%

Average Trading Volume: 35,100

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $202.4M

Find detailed analytics on HZN stock on TipRanks’ Stock Analysis page.

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