Karoon Energy Ltd ( (AU:KAR) ) has provided an announcement.
Karoon Energy Ltd has announced an update regarding its ongoing on-market buy-back program. As of March 13, 2025, the company has repurchased a total of 26,901,002 ordinary fully paid securities, with an additional 1,055,258 securities bought back on the previous day. This buy-back initiative is part of Karoon Energy’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Karoon Energy Ltd
Karoon Energy Ltd is a company operating in the energy sector, focusing primarily on the exploration and production of oil and gas resources. The company is listed on the Australian Securities Exchange (ASX) and is involved in activities that enhance its market position within the energy industry.
YTD Price Performance: 15.66%
Average Trading Volume: 4,615
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $735.5M
Find detailed analytics on KAR stock on TipRanks’ Stock Analysis page.
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