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ASX News 17 February 2026 - 20 February 2026

Electro Optic Systems (ASX:EOS) stock recovers but stays under A$8 placement level
Santos (ASX:STO) share price slips after Whyalla gas deal as dividend date looms

Santos (ASX:STO) share price slips after Whyalla gas deal as dividend date looms

Santos Ltd dropped 0.9% to A$6.94 by Friday’s close, after the Australian gas group confirmed it had nailed down key terms with the South Australian government for a decade-long gas supply deal, linked to the Whyalla Steelworks overhaul. According to Santos, the binding term sheet sets out 200 petajoules of gas starting in 2030. The parties are working toward a full supply agreement by June 30.
Zip Co (ASX:ZIP) share price: A$50m buyback plan lands after brutal earnings slump

Zip Co (ASX:ZIP) share price: A$50m buyback plan lands after brutal earnings slump

Zip Co Ltd announced plans on Friday for an on-market share buyback of up to A$50 million, with the program slated to kick off around March 6 and potentially running for as long as 12 months. Chief executive Cynthia Scott called the buyback a show of “confidence in the strength of our balance sheet.” The company noted it’s able to change, halt, or pull the program if needed, with share purchases capped at no more than 5% above the five-day volume-weighted average price.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Taiwan Semiconductor

NYSE: TSM 96 / 100
#2 BUY

AerCap

NYSE: AER 95 / 100
#3 BUY ON PULLBACK

Constellation Energy

NASDAQ: CEG 93 / 100
#4 BUY

Walt Disney

NYSE: DIS 90 / 100
#5 ACCUMULATE

American International Group

NYSE: AIG 87 / 100
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Editorial model selection. Not personalised advice.