Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Santos Limited ( (AU:STO) ) has provided an update.
Santos Limited has reported the cessation of 119,962 share acquisition rights (ASX code STOAY) after the conditions attached to these rights were not met or became incapable of being satisfied, with the lapse effective from 2 October 2025. The lapse of these conditional rights slightly reduces Santos’ pool of potential equity-based incentives, signalling that certain performance or service hurdles tied to the securities were not achieved, which may have minor implications for employee or executive compensation structures but does not affect the company’s existing issued capital.
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 company listed on the ASX, involved in the exploration, production, and sale of hydrocarbons to domestic and international energy markets.
Average Trading Volume: 8,875,987
Technical Sentiment Signal: Sell
Current Market Cap: A$19.93B
See more insights into STO stock on TipRanks’ Stock Analysis page.