tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Commonwealth Bank of Australia Exits Substantial Holding in Karoon Energy

Story Highlights
  • Commonwealth Bank of Australia has ceased to be a substantial shareholder in Karoon Energy as of late January 2026.
  • The divestment changes CBA’s voting interest in Karoon and may reshape the company’s institutional investor landscape.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Commonwealth Bank of Australia Exits Substantial Holding in Karoon Energy

Claim 50% Off TipRanks Premium

An update from Commonwealth Bank of Australia ( (AU:CBA) ) is now available.

Commonwealth Bank of Australia and its related bodies corporate have notified Karoon Energy Ltd that they have ceased to be a substantial shareholder in the company as of 26 January 2026, in accordance with Australian Corporations Act disclosure requirements for significant shareholdings. The change in CBA’s relevant interest in Karoon’s voting securities, detailed in the accompanying annexures, signals an exit from a major shareholding position and may alter Karoon’s institutional investor base and the balance of influence among remaining large shareholders.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$125.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

More about Commonwealth Bank of Australia

Commonwealth Bank of Australia (CBA) is one of Australia’s largest diversified financial services institutions, providing retail, business and institutional banking, wealth management, and related financial products and services to customers across domestic and international markets.

Average Trading Volume: 1,878,359

Technical Sentiment Signal: Hold

Current Market Cap: A$249.9B

See more insights into CBA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1