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Karoon Energy Ltd ( (AU:KAR) ) has issued an announcement.
Commonwealth Bank of Australia and its related entities have lodged a notice that they have ceased to be substantial shareholders in Karoon Energy Ltd as of 22 January 2026. The change reflects a reduction in their relevant interest in Karoon’s voting securities below the substantial holding threshold, signaling a shift in the company’s institutional shareholder base that may alter its ownership dynamics and potentially influence future market perceptions of the stock.
The most recent analyst rating on (AU:KAR) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Karoon Energy Ltd stock, see the AU:KAR Stock Forecast page.
More about Karoon Energy Ltd
Karoon Energy Ltd is an Australian-listed oil and gas company focused on exploration and production, with assets primarily in offshore basins. The company targets hydrocarbon resources to supply regional energy markets and is part of the broader energy and resources sector on the ASX.
Average Trading Volume: 3,993,114
Technical Sentiment Signal: Hold
Current Market Cap: A$1.14B
See more insights into KAR stock on TipRanks’ Stock Analysis page.