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Karoon Energy Ltd ( (AU:KAR) ) has issued an update.
Karoon Energy Ltd, an ASX-listed energy company trading under the ticker KAR, has ordinary fully paid shares as its main class of securities. The company operates within the energy sector and targets investors in the public equity markets through its listed share capital.
The company has provided an updated notification of its on-market share buy-back program, reporting a cumulative total of 15,667,662 shares repurchased before the previous day. An additional 614,853 shares were bought back on the previous day, signaling continued execution of the capital management initiative that may support earnings per share and shareholder value by reducing the number of shares on issue.
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 an Australia-listed company in the energy sector, trading under the ASX code KAR. Its primary listed securities are ordinary fully paid shares, and it is engaged in activities typical of an oil and gas or broader energy producer focused on public equity market investors.
Average Trading Volume: 6,082,509
Technical Sentiment Signal: Buy
Current Market Cap: A$1.37B
Find detailed analytics on KAR stock on TipRanks’ Stock Analysis page.