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Karoon Energy Ltd Announces Cessation of Performance Rights

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Karoon Energy Ltd Announces Cessation of Performance Rights

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

Karoon Energy Ltd announced the cessation of several performance rights due to the conditions for these securities not being met or becoming incapable of being satisfied. This development may impact the company’s capital structure and could have implications for stakeholders, as it reflects on the company’s operational targets and performance metrics.

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, focusing on the exploration and production of oil and gas resources.

Average Trading Volume: 4,444,854

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.43B

For an in-depth examination of KAR stock, go to TipRanks’ Overview page.

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