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Santos Issues 589,372 New Shares Following Conversion of Unquoted Securities

Story Highlights
  • Santos operates as a major Australian oil and gas producer serving domestic and export markets.
  • Santos will add 589,372 fully paid ordinary shares to its capital base after conversion of unquoted securities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Santos Issues 589,372 New Shares Following Conversion of Unquoted Securities

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

Santos Limited has notified the market of the issue of 589,372 fully paid ordinary shares following the conversion or exercise of previously unquoted securities. The new STO shares, dated 6 October 2025, formalise the movement of unquoted options or convertible securities into listed equity, modestly increasing the company’s share base and reflecting ongoing use of equity-based instruments within its capital and remuneration structure.

The most recent analyst rating on (AU:STO) stock is a Buy with a A$7.80 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 listed on the ASX under the code STO, operating primarily in the oil and gas sector. The company explores, develops and produces hydrocarbons, supplying domestic and export markets with natural gas and related energy products.

Average Trading Volume: 8,875,987

Technical Sentiment Signal: Sell

Current Market Cap: A$19.93B

See more data about STO stock on TipRanks’ Stock Analysis page.

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