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Central Petroleum Limited ( (AU:CTP) ) just unveiled an announcement.
Central Petroleum Limited, an Australian oil and gas producer listed on the ASX under the code CTP, operates through its ordinary fully paid shares, which form the basis of its capital market presence. The company has provided an update on its on-market share buy-back program, reporting that a total of 1,268,130 shares had been repurchased before the previous trading day, with an additional 230,000 shares bought back on the previous day, as part of a continuing program first notified in July 2025 and updated regularly. This ongoing buy-back reduces the number of shares on issue and may support earnings per share and capital management objectives for existing shareholders.
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 focused on exploration, production and sale of oil and gas, with its ordinary fully paid shares traded on the ASX under the code CTP.
Average Trading Volume: 436,759
Technical Sentiment Signal: Sell
Current Market Cap: A$47.42M
For an in-depth examination of CTP stock, go to TipRanks’ Overview page.