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First Sentier Investors Ceases Substantial Holding in Karoon Energy Ltd

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Karoon Energy Ltd ( (AU:KAR) ) has issued an announcement.

Karoon Energy Ltd has announced that First Sentier Investors Holdings Pty Limited, along with its related bodies corporate or associates, has ceased to be a substantial holder in the company as of January 21, 2025. This change in substantial holding status may affect the voting power and influence of First Sentier Investors in Karoon Energy Ltd, potentially impacting the company’s future strategic decisions and stakeholder interests.

More about Karoon Energy Ltd

YTD Price Performance: 3.33%

Average Trading Volume: 3,745

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $678.8M

For a thorough assessment of KAR stock, go to TipRanks’ Stock Analysis page.

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