TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from Karoon Energy Ltd ( (AU:KAR) ) is now available.
Karoon Energy Ltd has announced an update regarding its ongoing on-market buy-back program. The company reported that it repurchased 514,913 ordinary fully paid securities on the previous day, adding to a total of 365,405 securities bought back before that day. This buy-back initiative is part of Karoon Energy’s strategy to optimize 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 primarily on oil and gas exploration and production. The company is engaged in developing and managing energy resources, catering to the global demand for energy solutions.
Average Trading Volume: 4,157,900
Technical Sentiment Signal: Sell
Current Market Cap: A$1.1B
See more data about KAR stock on TipRanks’ Stock Analysis page.