Claim 30% 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
The latest update is out from Karoon Energy Ltd ( (AU:KAR) ).
Karoon Energy Ltd has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program, covering ordinary fully paid shares under the code KAR. The company reported that a total of 13,449,333 shares had been repurchased prior to the latest trading day, with an additional 191,288 shares bought back on the previous day as part of the daily buy-back activity.
The update, dated 6 March 2026, follows the initial buy-back notification lodged on 25 September 2025 and the most recent prior update on 5 March 2026. The continuing on-market buy-back indicates an active capital management strategy, which may support the company’s share price and signal confidence in its valuation to existing and prospective shareholders.
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 energy company listed on the ASX under the code KAR, operating in the oil and gas sector. It issues ordinary fully paid shares and is subject to Australian corporate and securities regulation, reflecting its role as a publicly traded participant in the regional energy market.
Average Trading Volume: 4,729,585
Technical Sentiment Signal: Buy
Current Market Cap: A$1.3B
For detailed information about KAR stock, go to TipRanks’ Stock Analysis page.