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Karoon Energy Updates on Share Buy-Back Progress

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Karoon Energy Updates on Share Buy-Back Progress

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

Karoon Energy Ltd has announced an update on its ongoing share buy-back program. As of the latest notification, the company has repurchased a total of 19,710,840 ordinary fully paid securities, with 89,768 bought back on the previous day. This buy-back initiative is part of Karoon’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$1.98 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.

Average Trading Volume: 4,553,085

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.35B

Learn more about KAR stock on TipRanks’ Stock Analysis page.

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