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Australia’s Santos announces $250 million share buyback, targets higher returns

2022.04.20 02:36

Australia's Santos announces $250 million share buyback, targets higher returns
FILE PHOTO: A sign for Santos Ltd is displayed on the front of the company’s office building in the rural township of Gunnedah, located in north-western New South Wales in Australia, March 9, 2018. REUTERS/David Gray

(Reuters) – Australia’s Santos Ltd announced an on-market share buyback worth up to $250 million on Wednesday as part of a new capital framework targeting higher shareholder returns amid surging commodity prices.

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