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CBA Ceases to Be Substantial Shareholder in Karoon Energy

Story Highlights
  • Commonwealth Bank of Australia has exited its position as a substantial shareholder in Karoon Energy Ltd.
  • The move reduces CBA’s voting power in Karoon Energy and may shift the company’s shareholder dynamics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CBA Ceases to Be Substantial Shareholder in Karoon Energy

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An update from Commonwealth Bank of Australia ( (AU:CBA) ) is now available.

Commonwealth Bank of Australia and its related bodies corporate have notified Karoon Energy Ltd that they have ceased to be substantial shareholders in the company as of 28 January 2026. The change reflects a reduction in CBA’s relevant interest and voting power in Karoon Energy below the substantial holding threshold, signaling an adjustment in the bank’s investment exposure to the energy company and potentially altering the shareholder and governance dynamics at Karoon Energy.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$131.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

More about Commonwealth Bank of Australia

Commonwealth Bank of Australia (CBA) is one of Australia’s largest financial institutions, operating primarily in the banking and financial services industry. It provides retail, business and institutional banking, wealth management, and related financial products and services to customers in Australia and selected international markets.

Average Trading Volume: 1,889,710

Technical Sentiment Signal: Buy

Current Market Cap: A$249.9B

For an in-depth examination of CBA stock, go to TipRanks’ Overview page.

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