Karoon Energy Ltd ( (AU:KAR) ) has provided an update.
Karoon Energy Ltd has announced an update regarding its ongoing on-market buy-back program. The company reported that it has repurchased a total of 25,592,902 ordinary fully paid securities before the previous day, with an additional 1,308,100 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
YTD Price Performance: 14.94%
Average Trading Volume: 4,587
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $726.4M
See more data about KAR stock on TipRanks’ Stock Analysis page.
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