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Santos Issues New Shares Following Conversion of Unquoted Securities

Story Highlights
  • Santos Limited has issued 13,212 new ordinary fully paid shares after converting unquoted securities.
  • The share issuance modestly increases Santos’ listed capital and reflects ongoing use of equity-based instruments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Santos Issues New Shares Following Conversion of Unquoted Securities

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

Santos Limited has notified the market of the issue of 13,212 ordinary fully paid shares, following the exercise or conversion of previously unquoted securities. The new shares, which were issued on 15 January 2026, reflect the conversion of unquoted options or other convertible instruments, modestly increasing the company’s listed share capital and signaling ongoing utilisation of its equity-based incentive or financing arrangements.

The most recent analyst rating on (AU:STO) stock is a Hold with a A$7.00 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. The company operates in the oil and gas sector, with its primary activities focused on exploration, production and related energy services for domestic and international markets.

Average Trading Volume: 10,192,684

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$21.48B

For detailed information about STO stock, go to TipRanks’ Stock Analysis page.

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