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The latest update is out from Karoon Energy Ltd ( (AU:KAR) ).
Karoon Energy Ltd has announced the cessation of 2,231,040 ordinary fully paid securities due to an on-market buy-back as of February 7, 2025. This move is part of the company’s efforts to manage its capital structure, potentially impacting its financial metrics and shareholder value by reducing the number of shares outstanding.
More about Karoon Energy Ltd
Karoon Energy Ltd is a company operating in the energy sector, focusing primarily on the exploration, development, and production of oil and gas resources. It is listed on the Australian Securities Exchange (ASX) and has a market focus on expanding its energy assets and operations.
YTD Price Performance: 14.60%
Average Trading Volume: 6,401
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $724.7M
Find detailed analytics on KAR stock on TipRanks’ Stock Analysis page.
