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

Story Highlights
  • Karoon Energy issued an updated ASX notice on the ongoing on-market buy-back of its ordinary shares.
  • The company has repurchased over 14.1 million shares to date, underscoring its active capital management strategy.
  • 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) ) has provided an update.

Karoon Energy has provided an updated notification to the ASX on the progress of its on-market share buy-back program for its ordinary fully paid shares. The latest daily update, dated 12 March 2026, follows the initial buy-back notification lodged in September 2025 and confirms ongoing purchases of shares on market.

The company reported that it had repurchased a total of 14,153,912 shares prior to the previous trading day and bought back a further 267,110 shares on the previous day. The continued execution of the buy-back signals management’s commitment to capital management and may support earnings per share and share price performance for existing 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 exploration and production company trading on the ASX under the code KAR. The company’s primary securities are ordinary fully paid shares, which are the subject of its current on-market share buy-back program aimed at actively managing its capital structure.

Average Trading Volume: 5,446,138

Technical Sentiment Signal: Buy

Current Market Cap: A$1.34B

For a thorough assessment of KAR stock, go to TipRanks’ Stock Analysis page.

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