Santos Director Vanessa Guthrie Increases Indirect Shareholding

Santos Limited ( (AU:STO) ) has provided an update.

Santos Limited has disclosed a change in director Vanessa Ann Guthrie’s indirect interests in the company’s securities, reflecting an increase in her shareholding via family trust and superannuation structures. Through Xenolith Holdings Pty Ltd as trustee for the Stolz-Guthrie Family Trust and Astrobleme Pty Ltd as trustee for the Stolz Guthrie Superannuation Fund, Guthrie acquired 5,500 fully paid ordinary shares on market at an average price of $6.84 per share.

Following the transactions, Guthrie’s total indirect holding in Santos rose from 39,188 to 44,688 fully paid ordinary shares, signalling an incremental vote of confidence in the company from a board member. The trades were executed outside any closed period and required no special clearance, indicating routine portfolio adjustments under standard governance and disclosure requirements for directors’ dealings.

The most recent analyst rating on (AU:STO) stock is a Buy with a A$7.60 price target. To see the full list of analyst forecasts on Santos Limited stock, see the AU:STO Stock Forecast page.

More about Santos Limited

Santos Limited is an Australian energy company focused on the exploration, production, and sale of hydrocarbons, primarily natural gas and oil. The company plays a significant role in supplying energy to domestic and international markets, with its shares listed on the Australian Securities Exchange.

YTD Price Performance: 11.92%

Average Trading Volume: 10,312,348

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$21.91B

For a thorough assessment of STO stock, go to TipRanks’ Stock Analysis page.