Karoon Energy Ltd (AU:KAR) has released an update.
Karoon Energy Ltd has announced the completion of an on-market buy-back resulting in the cancellation of 15,393,148 of its ordinary fully paid shares. The cessation of these securities was officially recorded on October 2, 2024, as part of the company’s efforts to manage its capital. This move may interest investors as it could potentially impact the company’s stock value and market dynamics.
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