tiprankstipranks
Karoon Energy Gains New Substantial Holder in First Sentier Investors
Company Announcements

Karoon Energy Gains New Substantial Holder in First Sentier Investors

Story Highlights

Stay Ahead of the Market:

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

Karoon Energy Ltd has announced that First Sentier Investors Holdings Pty Limited and its associated entities, which are linked to Mitsubishi UFJ Financial Group, have become substantial holders in the company, holding a significant voting power. This development may influence Karoon Energy’s corporate governance and strategic decisions due to the substantial stake and voting power now controlled by First Sentier Investors and its associates.

More about Karoon Energy Ltd

YTD Price Performance: 0.80%

Average Trading Volume: 4,491

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $667.2M

For an in-depth examination of KAR stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles