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Central Petroleum Limited ( (AU:CTP) ) just unveiled an update.
Central Petroleum Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. As of 9 January 2026, the company reports that it has repurchased a cumulative total of 1,033,830 shares prior to the previous day and an additional 234,300 shares on the previous trading day, reflecting continued execution of the capital management initiative first notified in July 2025. The daily disclosure underscores the company’s active use of buy-backs as a tool to manage its capital structure, which may support earnings per share and signal management’s confidence in the company’s valuation to shareholders and the broader market.
The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.
More about Central Petroleum Limited
Central Petroleum Limited is an Australian-listed energy company trading under the ASX code CTP, with its principal securities being ordinary fully paid shares. The company operates in the petroleum sector, and its shares are subject to on-market trading and capital management initiatives on the Australian Securities Exchange.
Average Trading Volume: 442,678
Technical Sentiment Signal: Sell
Current Market Cap: A$45.17M
For a thorough assessment of CTP stock, go to TipRanks’ Stock Analysis page.