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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.

Macquarie Group Limited, along with its controlled entities, has ceased to be a substantial holder in Karoon Energy Ltd. This change in substantial holding indicates an adjustment in the voting interests and associations within the company, potentially affecting stakeholder dynamics and market perceptions of Karoon Energy’s financial backing and shareholder structure.

More about Karoon Energy Ltd

YTD Price Performance: 14.60%

Average Trading Volume: 6,401

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $724.7M

See more data about KAR stock on TipRanks’ Stock Analysis page.

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