Karoon Energy Continues Aggressive Share Buy-Back

Karoon Energy Ltd (AU:KAR) has released an update.

Karoon Energy Ltd has announced an update on their stock buy-back program, having repurchased a total of 667,017 shares on the previous day. This move adds to the previously bought back 23,179,756 shares, showcasing the company’s ongoing effort to return value to shareholders. The buy-back reflects Karoon Energy’s confidence in its own stock through direct market purchases.

For further insights into AU:KAR stock, check out TipRanks’ Stock Analysis page.