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Karoon Energy Updates Market on Progress of On-Market Share Buy-Back

Story Highlights
  • Karoon Energy reported continued progress in its on-market buy-back of ordinary fully paid shares.
  • The company has repurchased over 12.5 million shares to date, signalling active capital management and reduced share count.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Karoon Energy Updates Market on Progress of On-Market Share Buy-Back

Meet Samuel – Your Personal Investing Prophet

Karoon Energy Ltd ( (AU:KAR) ) just unveiled an update.

Karoon Energy has provided an updated notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares. As of 6 February 2026, the company reported that it had repurchased a total of 12,590,425 shares prior to the previous day and a further 286,280 shares on the previous trading day, underscoring continued execution of its capital management strategy and potential implications for share count reduction and capital returns to 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 oil and gas company, trading under the ASX code KAR, whose primary business involves exploration and production of hydrocarbons, with its shares issued as ordinary fully paid securities.

Average Trading Volume: 4,096,285

Technical Sentiment Signal: Buy

Current Market Cap: A$1.21B

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

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