Santos Limited Issues New Employee Incentive Shares

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

Santos Limited has announced the issuance of 917,074 new Share Acquisition Rights under its SHAREMATCH employee incentive scheme, with the issue date set for August 30, 2024. These securities, detailed in the company’s latest Appendix 3G filing, will not be quoted on the ASX. This move is part of Santos Limited’s broader strategy to engage and incentivize its employees.

For further insights into AU:STO stock, check out TipRanks’ Stock Analysis page.