Santos Limited Announces Director’s Share Acquisition

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

Santos Limited has announced a change in the director’s interest, specifically involving Kevin Thomas Gallagher, who has acquired 139,466 fully paid ordinary shares. This change reflects a transfer of beneficial interest in shares held by the employee share plan trustee, deferred for two years as part of the 2024 STI award. The announcement highlights the company’s ongoing commitment to aligning the interests of its leadership with its operational goals, potentially impacting stakeholder confidence and market perception.

More about Santos Limited

Santos Limited is a prominent player in the energy sector, primarily engaged in the exploration and production of oil and natural gas. The company focuses on supplying energy to domestic and international markets, contributing significantly to the energy needs of various regions.

YTD Price Performance: -10.84%

Average Trading Volume: 5,637

Technical Sentiment Signal: Buy

Current Market Cap: $11.52B

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