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Karoon Energy Updates on Market Buy-Back Activity

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Karoon Energy Updates on Market Buy-Back Activity

Elevate Your Investing Strategy:

An update from Karoon Energy Ltd ( (AU:KAR) ) is now available.

Karoon Energy Ltd has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of June 12, 2025, the company has bought back a total of 12,833,002 securities, with an additional 381,493 securities repurchased on the previous day. This buy-back initiative is part of Karoon Energy’s strategy to manage its capital structure and potentially enhance shareholder value.

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 a company operating in the energy sector, focusing on the exploration and production of oil and gas resources. The company is listed on the Australian Securities Exchange (ASX) and is involved in market activities related to its securities.

Average Trading Volume: 4,753,587

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.3B

See more data about KAR stock on TipRanks’ Stock Analysis page.

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