Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An announcement from Karoon Energy Ltd ( (AU:KAR) ) is now available.
Karoon Energy Ltd has announced an update regarding its ongoing on-market buy-back program. As of May 7, 2025, the company has repurchased a total of 5,985,331 ordinary fully paid securities, including 595,331 bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Karoon Energy Ltd
Karoon Energy Ltd operates in the energy sector, focusing on the exploration and production of oil and gas. The company is involved in the development of energy resources and is listed on the Australian Securities Exchange under the code KAR.
Average Trading Volume: 5,429,587
Technical Sentiment Signal: Sell
Current Market Cap: A$1.1B
See more insights into KAR stock on TipRanks’ Stock Analysis page.