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Karoon Energy Ltd ( (AU:KAR) ) has provided an announcement.
Karoon Energy Ltd has announced an update regarding its ongoing on-market buy-back program. As of July 29, 2025, the company has repurchased a total of 18,823,049 ordinary fully paid securities, with an additional 240,645 securities bought back on the previous 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$1.98 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 operates in the energy sector, focusing on the exploration and production of oil and gas resources. The company is primarily involved in the development of offshore oil fields, aiming to enhance its market presence in the energy industry.
YTD Price Performance: 41.26%
Average Trading Volume: 4,683,829
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.39B
For detailed information about KAR stock, go to TipRanks’ Stock Analysis page.