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The latest update is out from Karoon Energy Ltd ( (AU:KAR) ).
Karoon Energy has provided an updated notification to the ASX on its on-market share buy-back program for its ordinary fully paid shares. The latest daily report shows that a total of 14,421,022 shares had been repurchased before the previous trading day, with an additional 379,293 shares bought back on the prior day, underscoring the company’s ongoing capital management efforts and potential support for its share price.
The announcement, dated 13 March 2026, amends prior disclosures first lodged in September 2025 and most recently updated on 12 March 2026. Continued execution and reporting of the buy-back program may signal management’s confidence in the company’s valuation, while incrementally reducing the free float and potentially enhancing earnings per share for remaining shareholders.
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 an Australia-listed company trading under the ASX code KAR, with ordinary fully paid shares on issue. The company operates within the energy sector and is subject to Australian corporate and securities regulation, including disclosure of share buy-back activities to the ASX.
Average Trading Volume: 5,637,757
Technical Sentiment Signal: Buy
Current Market Cap: A$1.36B
See more insights into KAR stock on TipRanks’ Stock Analysis page.