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Santos Limited Director Increases Shareholding

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Santos Limited Director Increases Shareholding

Confident Investing Starts Here:

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

Santos Limited announced a change in the shareholding of its director, Janine McArdle, who acquired an additional 30,000 fully paid ordinary shares, bringing her total to 80,000 shares. This acquisition, executed through an on-market purchase at an average price of approximately US $6.20 per share, reflects a significant increase in her stake, potentially indicating confidence in the company’s future performance.

More about Santos Limited

Santos Limited is a prominent player in the energy sector, primarily engaged in the exploration and production of oil and gas. The company focuses on delivering sustainable energy solutions and has a significant presence in the Asia-Pacific region.

YTD Price Performance: -3.61%

Average Trading Volume: 7,033

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $12.91B

Learn more about STO stock on TipRanks’ Stock Analysis page.

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