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Karoon Energy Reports Lapse of 250,000-Plus Performance Rights

Story Highlights
  • Karoon Energy has announced the lapse of 250,367 performance rights after vesting conditions were not met.
  • The cancellation of these rights reduces potential future dilution and reflects unachieved performance milestones for participants.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Karoon Energy Reports Lapse of 250,000-Plus Performance Rights

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The latest announcement is out from Karoon Energy Ltd ( (AU:KAR) ).

Karoon Energy Ltd has notified the market that a total of 250,367 performance rights across several series, expiring between 2027 and 2028, have lapsed as of 31 December 2025 because the vesting conditions were not met or became incapable of being satisfied. The cessation of these securities reduces the company’s potential future share issuance under its incentive plans, slightly limiting prospective dilution for existing shareholders and signalling that certain performance or service milestones tied to these rights were not achieved.

The most recent analyst rating on (AU:KAR) stock is a Hold with a A$1.65 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 an Australian-listed oil and gas company operating in the energy sector, with its securities traded on the ASX under the code KAR. The company uses performance rights as part of its equity-based remuneration and incentive structures for employees and executives.

Average Trading Volume: 3,978,852

Technical Sentiment Signal: Sell

Current Market Cap: A$1.12B

Find detailed analytics on KAR stock on TipRanks’ Stock Analysis page.

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