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Macquarie Group Ceases Substantial Holding in Karoon Energy
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Macquarie Group Ceases Substantial Holding in Karoon Energy

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

Karoon Energy Ltd has announced that Macquarie Group Limited, along with its controlled entities, has ceased to be a substantial holder in the company. This change in substantial holding could potentially impact the voting dynamics and decision-making processes within Karoon Energy Ltd, affecting its strategic direction and stakeholder interests.

More about Karoon Energy Ltd

YTD Price Performance: 25.29%

Average Trading Volume: 5,522

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $770M

Learn more about KAR stock on TipRanks’ Stock Analysis page.

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