STO 2.14% $7.62 santos limited

Ann: Update - Notification of buy-back - STO, page-4

  1. 692 Posts.
    lightbulb Created with Sketch. 110
    Buybacks are until 29th Dec 2023 as per announcement...they can only buyback as per asx rules..ie only so many per day on an average vwap etc..

    This month the approval is due for the 5% sell down of PNG Lng.. a certain price catalyst.
    I'm expecting the board to approve a return of capital on this of around 40% as per recent policy. This would mean around US$400Mil or around 18c aus per share.




 
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