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The latest update is out from Santos Limited ( (AU:STO) ).
Santos Limited announced the cessation of 317,237 share acquisition rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic positioning in the market.
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 prominent player in the energy sector, primarily focusing on the exploration and production of oil and natural gas. The company is listed on the Australian Securities Exchange under the code STO and is known for its significant contributions to the energy market.
Average Trading Volume: 14,192,234
Technical Sentiment Signal: Sell
Current Market Cap: A$21.91B
See more data about STO stock on TipRanks’ Stock Analysis page.