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Santos Reports Lapse of Share Acquisition Rights Under Sharematch Plan

Story Highlights
  • Santos has reported the lapse of 16,267 share acquisition rights from its Sharematch plan.
  • These rights expired after vesting conditions were not satisfied, slightly reducing potential future dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Santos Reports Lapse of Share Acquisition Rights Under Sharematch Plan

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

Santos Limited has notified the ASX of the cessation of 16,267 share acquisition rights under its Sharematch plan, recorded as having lapsed on 1 October 2025 because the performance or vesting conditions were not, or could no longer be, satisfied. The lapse slightly reduces the company’s potential issued capital from equity incentive arrangements and signals that specific conditional hurdles attached to this tranche of employee or executive awards were not met, which may have modest implications for dilution, staff incentives and the structure of Santos’ broader remuneration and capital management framework.

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 energy company listed on the ASX under the code STO, operating primarily in the oil and gas sector. The company is a significant producer and supplier of hydrocarbons, with its securities actively traded on the Australian market and subject to ASX disclosure and capital management requirements.

Average Trading Volume: 8,875,987

Technical Sentiment Signal: Sell

Current Market Cap: A$19.93B

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

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