Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Karoon Energy Ltd ( (AU:KAR) ) just unveiled an update.
Karoon Energy Ltd is continuing its on-market share buy-back program for its ordinary fully paid shares listed on the ASX under the code KAR. The company has been actively repurchasing stock since its initial buy-back notification in September 2025, signalling ongoing capital management and confidence in its equity value.
As of the latest update dated 2 April 2026, Karoon has bought back a cumulative 18,401,136 shares prior to the previous trading day and an additional 363,172 shares on that day. The continued daily execution of the buy-back may reduce the free float of shares, potentially supporting the share price and altering the company’s capital structure over time.
The most recent analyst rating on (AU:KAR) stock is a Buy with a A$2.50 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 Australian-listed energy company focused on the exploration and production of oil and gas. Its primary securities on the ASX are ordinary fully paid shares trading under the ticker KAR, reflecting its role as a participant in the upstream hydrocarbons sector.
Average Trading Volume: 7,459,524
Technical Sentiment Signal: Buy
Current Market Cap: A$1.47B
For an in-depth examination of KAR stock, go to TipRanks’ Overview page.