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Karoon Energy Updates on Market Buy-Back Program

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Karoon Energy Updates on Market Buy-Back Program

Confident Investing Starts Here:

Karoon Energy Ltd ( (AU:KAR) ) has issued an update.

Karoon Energy Ltd has announced an update regarding its ongoing on-market buy-back program. As of May 8, 2025, the company has bought back a total of 7,187,921 ordinary fully paid securities, with 1,202,590 purchased 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.

More about Karoon Energy Ltd

Karoon Energy Ltd is a company operating in the energy sector, primarily focused on the exploration and production of oil and gas resources. It is listed on the Australian Securities Exchange (ASX) under the code KAR.

Average Trading Volume: 5,376,623

Technical Sentiment Signal: Sell

Current Market Cap: A$1.07B

For detailed information about KAR stock, go to TipRanks’ Stock Analysis page.

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