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Karoon Energy Ltd ( (AU:KAR) ) has shared an update.
Citigroup Global Markets Australia Pty Limited and related Citigroup entities have notified Karoon Energy that they have ceased to be substantial shareholders as of 29 December 2025, after a series of changes in their relevant interests in the company’s ordinary fully paid shares. The shifts arose from adjustments in positions held under securities lending arrangements and standard market transactions, with Citibank N.A. Sydney Branch and Citigroup Global Markets Limited reducing their relevant interests while Citigroup Global Markets Australia increased its holding under lending agreements, resulting in Citigroup’s overall stake falling below the substantial holding threshold and signaling a reshaping of Karoon Energy’s institutional ownership profile.
The most recent analyst rating on (AU:KAR) stock is a Hold with a A$1.65 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 is an Australia-listed oil and gas company, with its ordinary fully paid shares traded under the ticker KAR. The company operates in the energy sector, focusing on the exploration and production of hydrocarbons, and attracts active participation from global financial institutions in its share register and securities lending activities.
Average Trading Volume: 4,100,762
Technical Sentiment Signal: Sell
Current Market Cap: A$1.11B
For an in-depth examination of KAR stock, go to TipRanks’ Overview page.