Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Karoon Energy Ltd ( (AU:KAR) ) has shared an announcement.
Karoon Energy Ltd has announced that Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in the company as of early January 2025. This change follows a series of transactions involving Morgan Stanley and First Sentier Investors Holdings Pty Ltd, which resulted in the transfer of voting securities. The cessation of Mitsubishi UFJ Financial Group as a substantial holder may impact Karoon Energy’s shareholder dynamics and could influence future strategic decisions.
More about Karoon Energy Ltd
YTD Price Performance: 2.64%
Average Trading Volume: 4,491
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $683.1M
For an in-depth examination of KAR stock, go to TipRanks’ Stock Analysis page.