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The latest announcement is out from Central Petroleum Limited ( (AU:CTP) ).
Central Petroleum Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares (CTP), reporting that a total of 799,500 shares had been bought back prior to the latest trading day and a further 234,330 shares were repurchased on the previous day alone. The continuing execution of the buy-back, first notified in July 2025 and now updated as of 8 January 2026, signals management’s active capital management strategy and may support the company’s share price and earnings per share, with implications for existing shareholders’ ownership concentration and the liquidity of CTP stock on the 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 whose ordinary fully paid shares trade on the ASX under the code CTP. The company operates in the petroleum sector, focusing on exploration, development and production of oil and gas assets to supply domestic energy markets.
Average Trading Volume: 442,217
Technical Sentiment Signal: Sell
Current Market Cap: A$47.42M
For a thorough assessment of CTP stock, go to TipRanks’ Stock Analysis page.