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The latest update is out from Karoon Energy Ltd ( (AU:KAR) ).
Karoon Energy Ltd announced the cessation of 1,139,381 ordinary fully paid securities due to an on-market buy-back, effective July 9, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and market positioning by reducing the number of shares in circulation.
The most recent analyst rating on (AU:KAR) stock is a Hold with a A$1.98 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 a company operating in the energy sector, primarily focused on exploration and production of oil and gas resources. The company is listed on the Australian Securities Exchange (ASX) under the code KAR.
Average Trading Volume: 4,923,812
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.42B
See more data about KAR stock on TipRanks’ Stock Analysis page.