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Citigroup Ceases Substantial Holding in Karoon Energy

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Karoon Energy Ltd ( (AU:KAR) ) has issued an update.

Citigroup Global Markets Australia Pty Limited and its related entities have ceased to be substantial holders in Karoon Energy Ltd as of April 8, 2025. This change in substantial holding may impact the company’s shareholder structure and influence market perceptions regarding its stock, potentially affecting its operations and stakeholder interests.

More about Karoon Energy Ltd

Karoon Energy Ltd is a company operating in the energy sector, focusing primarily on the exploration and production of oil and gas resources. The company is engaged in developing energy solutions and has a market focus on enhancing its portfolio of energy assets.

YTD Price Performance: -10.96%

Average Trading Volume: 4,596

Technical Sentiment Signal: Strong Buy

Current Market Cap: $561.6M

See more data about KAR stock on TipRanks’ Stock Analysis page.

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