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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.