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.