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Santos Issues Over 1 Million New Shares on Conversion of Unquoted Securities

Story Highlights
  • Santos has issued 1,042,669 new ordinary fully paid shares after conversion of unquoted securities.
  • The additional shares slightly expand Santos’ capital base and reflect continued use of equity-linked incentives or financing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Santos Issues Over 1 Million New Shares on Conversion of Unquoted Securities

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An update from Santos Limited ( (AU:STO) ) is now available.

Santos Limited has notified the market of the issue of 1,042,669 ordinary fully paid shares on 6 October 2025 following the exercise or conversion of previously unquoted options or other unquoted convertible securities. The move modestly increases the company’s share capital base and reflects ongoing participation in equity-based incentive or financing arrangements, with incremental implications for existing shareholders’ dilution and Santos’ capital structure management.

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 oil and gas producer listed on the ASX under the code STO, focused on the exploration, development and production of hydrocarbon resources for domestic and export energy markets.

Average Trading Volume: 8,875,987

Technical Sentiment Signal: Sell

Current Market Cap: A$19.93B

For an in-depth examination of STO stock, go to TipRanks’ Overview page.

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