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Citigroup Ceases to Be Substantial Holder in Karoon Energy

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Citigroup Ceases to Be Substantial Holder in Karoon Energy

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

Karoon Energy Ltd has announced that Citigroup Global Markets Australia Pty Limited and its related entities have ceased to be substantial holders in the company as of December 11, 2025. This change in substantial holding involves a decrease in relevant interest by Citibank, N.A. Sydney Branch and Citigroup Global Markets Limited, while Citigroup Global Markets Australia Pty Limited has increased its relevant interest in the shares. The adjustments in shareholding are part of standard securities lending agreements and stock market transactions, reflecting a shift in the company’s shareholder composition.

The most recent analyst rating on (AU:KAR) stock is a Hold with a A$1.70 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

YTD Price Performance: 21.70%

Average Trading Volume: 4,008,506

Technical Sentiment Signal: Sell

Current Market Cap: A$1.18B

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

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