Karoon Energy Issues Daily Update on Ongoing On-Market Share Buy-Back

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

Karoon Energy Ltd has provided an updated notification to the ASX confirming ongoing activity under its on-market share buy-back program for its ordinary fully paid shares. The company reported that a cumulative total of 13,640,621 shares had been bought back prior to the previous trading day, with an additional 189,559 shares repurchased on that prior day as part of its continuing buy-back.

The latest update, dated 9 March 2026 and referencing an initial buy-back notification from September 2025, is described as a daily buy-back notification related to its KAR ordinary securities. This continued execution of the on-market buy-back signals Karoon’s active capital management and may affect its share count and ownership structure, with potential implications for remaining shareholders through changes in earnings per share and market liquidity.

The most recent analyst rating on (AU:KAR) stock is a Hold with a A$2.00 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-based oil and gas company listed on the ASX under the code KAR, with its primary securities being ordinary fully paid shares. The company operates in the energy sector and uses capital management initiatives such as on-market share buy-backs as part of its approach to managing its listed equity base and shareholder returns.

YTD Price Performance: 19.96%

Average Trading Volume: 4,909,007

Technical Sentiment Signal: Buy

Current Market Cap: A$1.3B

For a thorough assessment of KAR stock, go to TipRanks’ Stock Analysis page.