An update from Karoon Energy Ltd ( (AU:KAR) ) is now available.
Karoon Energy Ltd has announced an update regarding its ongoing on-market buy-back program. As of March 3, 2025, the company has repurchased a total of 18,918,985 ordinary fully paid securities, including 45,900 securities bought back on the previous day. This buy-back initiative is part of the company’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 industry, focusing primarily on the exploration and production of oil and gas resources. The company is listed on the Australian Securities Exchange under the code KAR.
YTD Price Performance: 4.48%
Average Trading Volume: 4,634
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $724.6M
For an in-depth examination of KAR stock, go to TipRanks’ Stock Analysis page.