tiprankstipranks
Trending News
More News >

Karoon Energy Ltd Updates on Share Buy-Back Program

Story Highlights
Karoon Energy Ltd Updates on Share 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 on its ongoing share buy-back program, detailing the acquisition of 375,546 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 10,338,351. This buy-back initiative is part of the company’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$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 engaged in developing energy solutions and holds a market focus on sustainable energy practices.

YTD Price Performance: 23.79%

Average Trading Volume: 5,133,152

Technical Sentiment Signal: Buy

Current Market Cap: A$1.24B

See more data about KAR stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App