Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Central Petroleum Limited ( (AU:CTP) ).
Central Petroleum Limited has provided an update on its on-market share buy-back program, confirming that it repurchased 799,500 ordinary fully paid shares on the previous trading day, bringing the cumulative total bought back from zero prior to that date. The ongoing daily notifications signal active execution of the buy-back first announced in July 2025, indicating management’s current capital management priorities and potentially reflecting confidence in the company’s valuation, with implications for share liquidity and earnings per share for existing investors.
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 oil and gas company, trading on the ASX under the code CTP, with its primary securities being ordinary fully paid shares. The company operates in the energy sector, focusing on exploration, development and production of petroleum assets in Australia to supply domestic energy markets.
Average Trading Volume: 438,292
Technical Sentiment Signal: Sell
Current Market Cap: A$46.67M
For an in-depth examination of CTP stock, go to TipRanks’ Overview page.