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Karoon Energy Ltd ( (AU:KAR) ) just unveiled an update.
Karoon Energy Ltd has announced an update on its ongoing on-market buy-back program, with a total of 4,547,796 securities bought back before the previous day and an additional 319,716 securities bought back on the previous day. This buy-back initiative is part of the company’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$1.80 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 operates in the energy sector, focusing on the exploration and production of oil and gas resources. The company is engaged in developing energy projects and has a market focus on expanding its resource base and production capabilities.
Average Trading Volume: 4,042,224
Technical Sentiment Signal: Sell
Current Market Cap: A$1.19B
See more data about KAR stock on TipRanks’ Stock Analysis page.