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Karoon Energy Ltd Updates on Buy-Back Program

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Karoon Energy Ltd Updates on Buy-Back Program

Confident Investing Starts Here:

An update from Karoon Energy Ltd ( (AU:KAR) ) is now available.

Karoon Energy Ltd has announced an update regarding its ongoing buy-back program, which involves the repurchase of its ordinary fully paid securities. As of May 26, 2025, the company has bought back a total of 8,939,920 securities prior to the previous day, with an additional 798,583 securities repurchased on the previous day. This buy-back initiative is part of Karoon Energy’s strategy to manage its capital structure and potentially enhance shareholder value.

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 a company operating in the energy sector, focusing on the exploration and production of oil and gas resources. The company is listed on the Australian Securities Exchange under the code KAR and is involved in activities that contribute to the energy supply market.

YTD Price Performance: 20.82%

Average Trading Volume: 5,382,236

Technical Sentiment Signal: Hold

Current Market Cap: A$1.21B

Find detailed analytics on KAR stock on TipRanks’ Stock Analysis page.

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