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Karoon Energy Updates on Share Buy-Back Progress

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Karoon Energy Updates on Share Buy-Back Progress

Confident Investing Starts Here:

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

Karoon Energy Ltd has announced an update regarding its ongoing on-market buy-back program. As of June 20, 2025, the company has repurchased a total of 13,753,645 ordinary fully paid securities, including 364,502 bought back on the previous day. This buy-back initiative is part of Karoon Energy’s strategy to optimize 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 operates in the energy sector, focusing on the exploration and development of oil and gas resources. The company is known for its strategic initiatives in the energy market, aiming to enhance its resource base and production capabilities.

Average Trading Volume: 4,999,783

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.5B

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

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