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Santos Limited ( (AU:STO) ) has shared an update.
Santos Limited announced a change in the director’s interest, with Musje Moses Werror acquiring an additional 2,950 fully paid ordinary shares through an on-market purchase. This change reflects a strategic move by the director to increase his stake in the company, potentially signaling confidence in the company’s future performance and stability, which could positively impact stakeholder sentiment.
The most recent analyst rating on (AU:STO) stock is a Buy with a A$7.50 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 a leading energy company involved primarily in the exploration and production of oil and natural gas. The company operates in the energy sector, focusing on delivering sustainable energy solutions and maintaining a strong presence in the global energy market.
Average Trading Volume: 13,648,493
Technical Sentiment Signal: Hold
Current Market Cap: A$21.91B
Find detailed analytics on STO stock on TipRanks’ Stock Analysis page.