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Macquarie Group Acquires Substantial Holding in Karoon Energy

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Macquarie Group Acquires Substantial Holding in Karoon Energy

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

Macquarie Group Limited and its controlled entities have become substantial holders in Karoon Energy Ltd as of 4 February 2024. This development reflects Macquarie’s significant voting power and interest in Karoon Energy, which could influence the company’s strategic decisions and shareholder dynamics.

More about Karoon Energy Ltd

YTD Price Performance: 25.29%

Average Trading Volume: 5,522

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $767.7M

Find detailed analytics on KAR stock on TipRanks’ Stock Analysis page.

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