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Santos Limited Director Increases Shareholding

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Santos Limited Director Increases Shareholding

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

Santos Limited has announced a change in the director’s interest, with John Gerard Lydon acquiring an additional 29,684 fully paid ordinary shares through an indirect interest. This acquisition, executed through an on-market purchase, increases his total holdings to 93,481 shares, reflecting a strategic move that may enhance his influence within the company. The transaction is valued at an average price of AU $6.73 per share, suggesting a significant investment that underlines confidence in the company’s growth prospects.

More about Santos Limited

Santos Limited is a prominent company in the energy sector, primarily involved in the exploration and production of oil and natural gas. The company focuses on providing energy solutions to meet the growing global demand and is a key player in the Australasian region.

YTD Price Performance: -11.79%

Average Trading Volume: 8,857

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $14.14B

Find detailed analytics on STO stock on TipRanks’ Stock Analysis page.

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