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Citigroup Ceases Substantial Holding in Karoon Energy

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Citigroup Ceases Substantial Holding in Karoon Energy

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An announcement from Karoon Energy Ltd ( (AU:KAR) ) is now available.

Citigroup Global Markets Australia Pty Limited and its related entities have ceased to be substantial holders in Karoon Energy Ltd as of August 29, 2025. This change reflects a significant reduction in their relevant interest in Karoon’s voting securities, which could impact the company’s shareholder structure and market perception.

The most recent analyst rating on (AU:KAR) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Karoon Energy Ltd stock, see the AU:KAR Stock Forecast page.

More about Karoon Energy Ltd

Karoon Energy Ltd operates in the energy sector, focusing primarily on oil and gas exploration and production. The company is involved in identifying and developing hydrocarbon resources, with a market focus on expanding its energy portfolio.

Average Trading Volume: 4,655,561

Technical Sentiment Signal: Buy

Current Market Cap: A$1.29B

For an in-depth examination of KAR stock, go to TipRanks’ Overview page.

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